Overview
- BPRO began trading on Jan. 22 on NYSE Arca under the ticker BPRO and carries a 0.96% expense ratio.
- The actively managed portfolio allocates to Bitcoin, gold, silver, platinum, palladium, and mining equities, with at least 25% kept in gold at all times.
- According to reporting on the prospectus, the fund gains crypto exposure indirectly through investments in crypto ETPs rather than holding coins or derivatives.
- Early activity was modest, with roughly $13.2 million in first-day trading volume and about $52.4 million in assets under management.
- The product enters a growing ‘debasement’ category, undercutting Quantify’s BTGD fee and adding metals and miners beyond 21Shares’ BOLD, as surveys show advisors increasingly focused on currency erosion.