The exchange-traded fund (ETF) uses technical market signals to adjust its Bitcoin exposure between 70% and 150%.

Amplify ETFs has launched the Amplify Fairlead Tactical Bitcoin exchange traded fund (ETF) (BNAV), an actively managed ETF that adjusts its Bitcoin exposure based on technical market signals. The strategy aims to vary Bitcoin exposure between 70% and 150% The fund is sub-advised by Fairlead Asset Management and is actively managed by Katie Stockton, founder and managing partner of Fairlead. Amplify ETFs said that the strategy aims to vary Bitcoin exposure between 70% and 150%, using derivat