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
Name | Ticker | Weight | Sector | Country |
---|---|---|---|---|
MicroStrategy Incorporated | MSTR US | 13.50% | Bitcoin Treasury | United States |
Galaxy Digital Holdings Ltd. | GLXY CN | 13.40% | Digital Assets & Services | Canada |
Coinbase Global, Inc. | COIN US | 12.90% | Crypto Trading/ Wallets | United States |
Block, Inc. | XYZ US | 12.80% | Crypto Trading/ Wallets | United States |
MARA Holdings, Inc. | MARA US | 12.40% | Crypto Miners | United States |
Ishares Bitcoin Trust ETF | IBIT US | 10.10% | Bitcoin | United States |
Riot Platforms, Inc. | RIOT US | 8.80% | Crypto Miners | United States |
Core Scientific, Inc. | CORZ US | 8.30% | Crypto Miners | United States |
CleanSpark, Inc. | CLSK US | 8.00% | Crypto Miners | United States |
Bitdeer Technologies Group | BTDR US | 6.40% | Crypto Miners | United States |
IREN Limited | IREN US | 4.80% | Crypto Miners | United States |
Hut 8 Corp. | HUT US | 4.50% | Crypto Miners | United States |
TeraWulf Inc. | WULF US | 3.80% | Crypto Miners | United States |
Cipher Mining Inc. | CIFR US | 3.70% | Crypto Miners | United States |
BitFuFu Inc. | FUFU US | 2.00% | Bitcoin Miners | United States |
Cash and other assets and liabilities | -25.70% |
Performance
Performance for HBTE cannot be displayed until 1 year after inception 2025/04/30.
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
ETF Details | Unit |
---|---|
Cboe Code | HBTE |
CUSIP | 417918109 |
Currency | CAD |
Inception Date | 2025/04/30 |
Management Style | Active with Covered Calls |
Eligible | RRSP | RRIF | RESP | TFSA | FHSA |
Management Fee | 0.75% |
Risk Rating | |
Distribution Facts | Unit |
Distribution Frequency | Monthly |
Distribution Per Unit | Variable |
Distribution Method | Cash or DRIP |
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.