What this ETF is trying to do

The FT VEST BITCOIN STRATEGY FLOOR15 ETF (BFOC) is a crypto-related fund. It is designed to follow a specific strategy involving Bitcoin.

What the numbers show

As of October 5, 2026, the share price of the ETF is $17.16.

When looking at how the price has changed, the data shows a decline:

• Year-to-Date (YTD): The price return is -5.83%.

• One Year: The price return is -16.36%.

Because this ETF has not paid out distributions, the total return (which includes both price changes and payouts) is the same as the price return. For the last year, the total return was -16.36%.

To help understand this, if you had invested $10,000 in this ETF roughly one year ago at the estimated price of $20.52, your investment would be worth approximately $8,364 based on the price change alone.

Income and distribution explanation

Some investors buy ETFs to get regular cash payments, called distributions. However, this ETF has a distribution yield of 0% and has had no payouts in the last 12 months. It currently has an income rating grade of "F."

NAV erosion explanation

"NAV erosion" happens when the underlying value of an ETF's assets declines over time. While a falling share price does not always mean the NAV is eroding, StockValueFinder uses an erosion-risk score to measure this risk.

BFOC has an erosion score of 55, which is labeled as "Moderate price erosion." This means there is a moderate risk that the fund's value is wearing away.

Top Holdings

As of October 7, 2026, the fund holds:

• Dreyfus Government Cash Mgmt Instl (DGCXX): 1.89%

Pros

• Provides a way to get exposure to a Bitcoin-related strategy through a standard exchange (NYSE).

Cons

• The share price has declined over the last year.

• It does not provide any cash income or distributions.

• It has a moderate erosion-risk score.

Beginner takeaway

This ETF is for investors interested in Bitcoin strategies, not for those seeking steady income. It is important to remember that a high distribution yield can sometimes hide a falling share price, though this specific fund pays no yield. Investors should be aware that the price has trended downward over the past year and carries a moderate risk of NAV erosion.