# FT Vest Bitcoin Strategy Floor15 ETF - April (BFAP) — Overview

BFAP · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/bfap

## Price

Last close $16.14 on Oct 15, 2026. 52-week range $13.75 – $24.40.

## Fund profile

BFAP is an actively managed fund that seeks to provide capped gains on the spot price of bitcoin, while attempting to hedge declines greater than 15% during a one year period. The fund uses FLEX options to construct the exposure.

| Metric | Value |
| --- | --- |
| Issuer | First Trust Advisors L.P. |
| Industry | — |
| Inception | Apr 3, 2025 |
| Assets under management | $804,970.00 |
| Expense ratio | 0.90% |
| Net asset value | $16.17 (as of Oct 15, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is FT Vest Bitcoin Strategy Floor15 ETF - April (BFAP)?

BFAP is an actively managed fund that seeks to provide capped gains on the spot price of bitcoin, while attempting to hedge declines greater than 15% during a one year period. The fund uses FLEX options to construct the exposure.

### What is BFAP's expense ratio?

FT Vest Bitcoin Strategy Floor15 ETF - April charges an annual expense ratio of 0.90%. The fund is issued by First Trust Advisors L.P..

### How large is BFAP?

FT Vest Bitcoin Strategy Floor15 ETF - April manages $804,970.00 in assets and has traded since Apr 3, 2025.

### How do I buy shares of FT Vest Bitcoin Strategy Floor15 ETF - April (BFAP)?

BFAP trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).