Innovator ETFs Trust - Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly

QBF aims to provide a defined outcome strategy using FLEX options tied to ETPs linked to bitcoin or the CBOE Bitcoin US ETF Index. The goal is to mirror bitcoin's price return, capped at a certain percentage, with a 20% maximum loss over three months. The strategy employs a participation rate set at the start of each period, expected to capture 65-75% of bitcoin's gains, though not guaranteed. To achieve this, the fund invests in US Treasuries and, via a subsidiary, engages in FLEX options. It buys in-the-money call options for bitcoin exposure and sells at-the-money calls to offset some gains. A floor activates if bitcoin drops over 20%, leaving the fund with US Treasuries amounting to 80% of its assets. This outcome is only achieved by buying QBF shares on the first day and holding them until the last day of the period.

ประเภทสินทรัพย์

ตราสารหนี้

ผู้ออกกองทุน

Innovator

ประเทศที่จดทะเบียน

US

วันที่จัดตั้ง

6 ก.พ. 2568

ISIN

US45784N6922