ETF report · NYSE Arca
USCF Oil Plus Bitcoin Strategy Fund (WTIB)
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Fund facts
- Listed on
- NYSE Arca
Key statistics
About WTIB
The USCF Oil Plus Bitcoin Strategy Fund is an exchange-traded fund from USCF Investments that combines exposure to crude oil and bitcoin.
The fund gains its exposure primarily through futures contracts, including contracts on West Texas Intermediate (WTI) crude oil and on bitcoin, rather than holding physical oil or the cryptocurrency directly. Collateral for these positions is typically held in short-term Treasuries and cash equivalents.
USCF Investments, based in Walnut Creek, California, is known for its commodity futures funds, including the United States Oil Fund.
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