Amplify Fairlead Tactical Bitcoin ETF (BNAV)

The Amplify Fairlead Tactical Bitcoin ETF (BNAV) offers exposure to bitcoin through a tactical approach that adjusts how much bitcoin exposure the fund holds over time. The strategy draws on technical analysis from Fairlead Strategies, the research firm founded by market technician Katie Stockton, to determine when to increase or reduce exposure.

When signals are unfavorable, the fund can shift toward cash-like holdings such as short-term Treasuries instead of maintaining full bitcoin exposure. Bitcoin exposure is typically obtained indirectly, for example through bitcoin exchange-traded products. The fund is sponsored by Amplify ETFs and trades on the Cboe BZX exchange.