
First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT)
CRPT Price Chart
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CRPT ETF Profile
Key details and information about First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT).
Sector Focus
Financial Services
Industry
Asset Management - Cryptocurrency
Inception Date
21 Sept 2021
Country
US
Description
The First Trust SkyBridge Crypto Industry and Digital Economy ETF seeks to achieve capital growth for its investors. Typically, the Fund commits a minimum of 80% of its net assets (including any borrowed capital) to common equities and American Depositary Receipts (ADRs) issued by businesses operating within the cryptocurrency industry and the broader digital economy. Of this 80% allocation, at least 50% of the Fund's net assets are dedicated specifically to companies in the crypto sector. The balance of the 80% allocation will then be directed towards firms in the digital economy. While the Fund generally aims to invest up to 25% of its net assets in Bitcoin Exchange-Traded Products (ETPs), it reserves the option to exceed this percentage under certain market circumstances.
CRPT ETF Performance
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