HBTE

Harvest Bitcoin Leaders Enhanced Income ETF

Access Top Companies in the Bitcoin Ecosystem and Enhanced Monthly Cashflow

Bitcoin is the world’s premier digital asset, with global holdings now eclipsing USD$1.5 trillion. HBTE holds top companies within the Bitcoin cryptocurrency ecosystem. Those companies derive value from either directly holding Bitcoin, mining Bitcoin, or by providing services to customers interested in transacting or holding Bitcoin. The ETF is overlaid with an active covered call strategy, and employs modest leverage at approximately 25% to generate higher levels of income and growth potential.

Key Facts

As at 2025/05/28

TICKER

HBTE

CBOE
CURRENCY

CAD

Unhedged
NAV

$14.34

Updated Daily
MKT PRICE CLOSE

$14.38

Updated Daily
NET AUM*

$4.66M

Updated Daily
MGMT STYLE

Active

with Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
FIRST DISTRIBUTION

$0.33

Cash, Per unit
INCEPTION DATE

April 30

2025
RISK

High

Rating

Key Facts

As at 2025/05/28

TICKER

HBTE

CBOE
CURRENCY

CAD

Unhedged
NAV

$14.34

Updated Daily
MKT PRICE CLOSE

$14.38

Updated Daily
NET AUM*

$4.66M

Updated Daily
MGMT STYLE

Active

with Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
FIRST DISTRIBUTION

$0.33

Cash, Per unit
INCEPTION DATE

April 30

2025
RISK

High

Rating

Distributions

Distribution will be shown as of 2025/05/30


Portfolio Analysis

As at April 30, 2025

Number of Equity Securities:

15

Average Market Capitalization (CAD):

$36B

Average Dividend Yield:

0.00%

Average 5 Year Return on Equity:

0.22%

Average P/E:

14.3x

Portfolio Beta:

2.36


Sub-Sector Allocation

As at April 30, 2025

Holdings

As at April 30, 2025

NameTickerWeightSectorCountry
MicroStrategy IncorporatedMSTR US13.50%Bitcoin TreasuryUnited States
Galaxy Digital Holdings Ltd.GLXY CN13.40%Digital Assets & ServicesCanada
Coinbase Global, Inc.COIN US12.90%Crypto Trading/ WalletsUnited States
Block, Inc.XYZ US12.80%Crypto Trading/ WalletsUnited States
MARA Holdings, Inc.MARA US12.40%Crypto MinersUnited States
Ishares Bitcoin Trust ETFIBIT US10.10%BitcoinUnited States
Riot Platforms, Inc.RIOT US8.80%Crypto MinersUnited States
Core Scientific, Inc.CORZ US8.30%Crypto MinersUnited States
CleanSpark, Inc.CLSK US8.00%Crypto MinersUnited States
Bitdeer Technologies GroupBTDR US6.40%Crypto MinersUnited States
IREN LimitedIREN US4.80%Crypto MinersUnited States
Hut 8 Corp.HUT US4.50%Crypto MinersUnited States
TeraWulf Inc.WULF US3.80%Crypto MinersUnited States
Cipher Mining Inc.CIFR US3.70%Crypto MinersUnited States
BitFuFu Inc.FUFU US2.00%Bitcoin MinersUnited States
Cash and other assets and liabilities-25.70%


Performance

Performance for HBTE cannot be displayed until 1 year after inception 2025/04/30.



Documents

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials

Investment Goal

Harvest Bitcoin Leaders Enhanced Income ETF holds 15 of the top publicly-traded companies within the Bitcoin cryptocurrency ecosystem and derive value from either directly holding Bitcoin, mining Bitcoin or by providing services to customers interested in transacting or holding Bitcoin. It overlays an active covered call strategy on this portfolio and employs modest leverage at approximately 25% to generate higher levels of income and growth potential.

Benefits of Investing in HBTE:

  • Portfolio of top companies in the Bitcoin ecosystem
  • Bitcoin as an asset has been legitimized by rising institutional demand
  • Companies derive value by providing services around Bitcoin even if price of Bitcoin remains flat for an extended period
  • Covered call option strategy to generate monthly cash distributions as well as reduce some volatility
  • Employs modest leverage at 25%, aiming to generate higher levels of income and growth potential

Investment Goal

As at April 30, 2025
ETF DetailsUnit
Cboe CodeHBTE
CUSIP417918109
CurrencyCAD
Inception Date2025/04/30
Management StyleActive with Covered Calls
EligibleRRSP | RRIF | RESP | TFSA | FHSA
Management Fee0.75%
Risk Ratingmed_risk_bar
Distribution FactsUnit
Distribution FrequencyMonthly
Distribution Per UnitVariable
Distribution MethodCash or DRIP

Investor Documents

Product Sheet Fr


Investor Brochure En


ETF Facts En | Fr


Prospectus En | Fr

Recent Insights

Disclaimer

Harvest Bitcoin Leaders Enhanced Income ETF

Commissions, management fees and expenses all may be associated with investing in HARVEST Exchange Traded Funds managed by Harvest Portfolios Group Inc. (the “Funds” or a “Fund”). Please read the relevant prospectus before investing. The Funds are not guaranteed, their values change frequently, and past performance may not be repeated. Tax investment and all other decisions should be made with guidance from a qualified professional.

Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into Class A units of the Fund. If a Fund earns less than the amounts distributed, the difference is a return of capital.

Certain statements included in this communication constitute forward-looking statements (“FLS”, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Funds. The FLS are not historical facts but reflect the Harvest’s and the portfolio manager of the Funds current expectations regarding future results or events. These FLS are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Harvest and the portfolio manager of the Funds believe that the assumptions inherent in the FLS are reasonable, FLS are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Funds, Harvest and the portfolio manager of the Funds undertake no obligation to update publicly or otherwise revise any FLS or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

‡Source: Bloomberg. Average statistics calculated based on portfolio weighted average. Dividend yield (gross) based on Bloomberg indicated 12 month yield of portfolios positions and does not represent the distribution yield paid to investors. The above information is for illustrative purposes only, is estimated and unaudited.

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