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 2026/02/13
TICKER
HBTE
CBOE
CURRENCY
CAD
Unhedged
NAV
$13.78
Updated Daily
MKT PRICE CLOSE
$13.84
Updated Daily
NET AUM
$44.44M
Updated Daily
MGMT STYLE
Active
with Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.4300
Cash, Per Unit
DISTRIBUTION
$3.3700
Total, Since Inception*
INCEPTION DATE
April 30
2025
Distributions
|
Last Ex-dividend Date: 2026/01/30 |
|
Last Record Date: 2026/01/30 |
|
Last Payment Date: 2026/02/06 |
|
Last Distribution Per Unit (Class A): $0.4300 |
|
Cash Distribution Frequency: Monthly |
|
Cash Distribution Since Inception*: $3.3700 |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2026/01/30 | 2026/01/30 | 2026/02/06 | $0.4300 | Monthly |
| 2025/12/31 | 2025/12/31 | 2025/12/31 | $0.9126 | Notional** |
| 2025/12/31 | 2025/12/31 | 2026/01/06 | $0.4300 | Monthly |
| 2025/11/28 | 2025/11/28 | 2025/12/05 | $0.4300 | Monthly |
| 2025/10/31 | 2025/10/31 | 2025/11/06 | $0.4300 | Monthly |
| 2025/09/29 | 2025/09/29 | 2025/10/09 | $0.3300 | Monthly |
| 2025/08/29 | 2025/08/29 | 2025/09/09 | $0.3300 | Monthly |
| 2025/07/31 | 2025/07/31 | 2025/08/08 | $0.3300 | Monthly |
| 2025/06/30 | 2025/06/30 | 2025/07/09 | $0.3300 | Monthly |
| 2025/05/30 | 2025/05/30 | 2025/06/09 | $0.3300 | Monthly |
** Notional non-cash distributions are paid annually (if any). There is no impact on net asset value per unit. The notional distribution is added to the cost base of the ETF and is taxable if not held in a registered account (RSP/RIF/TFSA and RESP).
Portfolio Analysis‡
As at January 30, 2026
|
Number of Equity Securities: 16 |
|
Average Market Capitalization (CAD): $40B |
|
Average Dividend Yield: - % |
|
Average 5 Year Return on Equity: 3.39% |
|
Average P/E: 110.3X |
|
Portfolio Beta: 2.56 |
Sub-Sector Allocation
As at January 30, 2026
Holdings
As at January 30, 2026
| Name | Ticker | Weight | Sector | Country |
|---|---|---|---|---|
| IREN Limited | IREN US | 14.3% | Bitcoin Miners | United States |
| Strategy Inc | MSTR US | 12.6% | Bitcoin Holding | United States |
| Block, Inc. | XYZ US | 12.2% | Bitcoin Trading & Services | United States |
| Galaxy Digital Inc. | GLXY CN | 12.0% | Bitcoin Trading & Services | Canada |
| Robinhood Markets, Inc. | HOOD US | 11.7% | Bitcoin Trading & Services | United States |
| Coinbase Global, Inc. | COIN US | 10.7% | Bitcoin Trading & Services | United States |
| iShares Bitcoin Trust ETF | IBIT US | 9.7% | Bitcoin Holding | United States |
| Cipher Mining Inc. | CIFR US | 7.0% | Bitcoin Miners | United States |
| Hut 8 Corp. | HUT US | 6.5% | Bitcoin Miners | United States |
| Riot Platforms, Inc. | RIOT US | 6.5% | Bitcoin Miners | United States |
| TeraWulf Inc. | WULF US | 6.4% | Bitcoin Miners | United States |
| Core Scientific, Inc. | CORZ US | 5.3% | Bitcoin Miners | United States |
| Bullish | BLSH US | 4.7% | Bitcoin Trading & Services | United States |
| MARA Holdings, Inc. | MARA US | 4.4% | Bitcoin Miners | United States |
| CleanSpark, Inc. | CLSK US | 3.9% | Bitcoin Miners | United States |
| Bitdeer Technologies Group | BTDR US | 3.3% | Bitcoin Miners | United States |
| Market value of options | (1.2)% | |||
| Cash and other assets and liabilities | (30.1)% |
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.
* Inception Date: 2025/04/30
‡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.