AUM $828KER 1.97%NAV $20.69Holdings —Inception Mar 2025
Price Chart
Key Statistics
Previous Close
$21.28Day Range
N/A52-Week Range
$17.23$32.03
Avg Volume
72Dividend Yield
—Expense Ratio
1.97%AUM
$828KShares Outstanding
—Fund Information
- Issuer
- Fortuna Funds
- Inception Date
- Mar 18, 2025
- Exchange
- BATS
- Description
- HBTC invests in Bitcoin-related securities with an options overlay to reduce downside risk. The fund does not directly invest in Bitcoin but invests in standardized, cash-settled BTC futures traded on the CME. The actively managed fund invests in options to create synthetic long exposure, allowing it to participate in price changes of the underlying securities. This involves purchasing a put below the current BTC price and selling a call spread above market price, offsetting costs without capping the upside potential. This limits participation in potential gains when the price of BTC goes up. The fund writes call options with 1- to 6-month terms and strike prices equal to the price at the time of purchase. HBTC typically invests in front-month contracts, rolling to the next closest expiration date. The fund invests in futures through a wholly owned Cayman Islands subsidiary. HBTC may also pursue covered calls on BTC futures contracts and similar ETFs. Prior to January 21, 2026, the fund traded under the name Fortuna Hedged Bitcoin Fund.
The Listed Funds Trust - Fortuna Hedged Bitcoin ETF (HBTC) is an exchange-traded fund issued by Fortuna Funds that launched on Mar 18, 2025. It currently manages $828K in assets under management. The fund charges an expense ratio of 1.97%.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | First American Treasury Obligations Fund 01/01/2040 | 46.06% | 381,257 | $381K |
| 2 | — | Cash & Other | 29.41% | 243,439 | $243K |
| 3 | — | IBIT 09/30/2026 33.2 C | 24.44% | 190 | $202K |
| 4 | — | IBIT 09/30/2026 40.3 P | 0.96% | 190 | $8K |
| 5 | — | IBIT 09/30/2026 48.4 C | 0.69% | 190 | $6K |
| 6 | — | IBIT 09/30/2026 33.2 P | -0.19% | -190 | $-1598 |
| 7 | — | IBIT 09/30/2026 46.55 C | -1.37% | -190 | $-11380 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | -2.67% | |
| 1M | +18.11% | |
| 3M | +16.34% | |
| 6M | -1.99% | |
| YTD | -11.15% | |
| 1Y | -31.61% | |
| 3Y | -17.26% | |
| 5Y | +20697000.00% |
Moving Averages
20-Day MA
$20.33
Above 20-Day MA50-Day MA
$18.92
Above 50-Day MA200-Day MA
$20.65
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$32.03
Current Price
$21.20
52-Week Low
$17.23
$17.23$32.03
Current Yield
—
Annual Dividend
$2.5036
Frequency
1x/year
Last Ex-Date
Dec 17, 2025
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $2.5036 | Dec 18, 2025 |
Dividend Payments Over Time
Category Comparison
No category data available for comparison.
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