{"id":16,"date":"2024-02-02T08:10:04","date_gmt":"2024-02-02T08:10:04","guid":{"rendered":"https:\/\/idxfunds.com\/?page_id=16"},"modified":"2024-04-22T13:52:30","modified_gmt":"2024-04-22T13:52:30","slug":"btidx","status":"publish","type":"page","link":"https:\/\/idxfunds.com\/btidx\/","title":{"rendered":"BTIDX"},"content":{"rendered":"
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\nBTIDX\n<\/h1>

\nIDX Risk-Managed Bitcoin Strategy Fund\n<\/h1>
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Bringing Risk-Managed Digital Assets to Institutional Investors<\/span><\/p>\n<\/div>

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\nIDX Over The Years\n<\/h1>
\nA brief history of our digital asset experience\n<\/div>
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\nWhat IDX Believes In\n<\/h1>
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\nVolatility Can Be Favorable, But Not Without Downside Protection\n<\/h1>
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Since Bitcoin\u2019s inception, the growth of the asset class has only been rivaled by that of the internet and the \u201cDot Com\u201d era. So, why have fiduciaries and professional investors approached the asset class with trepidation? Following our conversations with hundreds of financial advisors, family offices, and institutions, we\u2019ve identified a pattern; downside volatility and principal protection are rarely a focus within the community of early adopters and practitioners.<\/p>\n<\/div>\n<\/div>

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\nSimple Access to Digital Assets for Fiduciaries and Wealth Managers\n<\/h1>
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We began managing outside capital in the form of Separately Managed Accounts in 2019 with a dedicated focus on Risk-Mitigation, NOT Return Enhancement. Over time, the regulatory landscape has matured and the instruments available for gaining exposure to the asset class have evolved for the better. From our initial SMAs for fiduciaries, we created Risk-Managed Digital Asset Private Placements for accredited investors and institutions for Bitcoin, Ethereum, and DeFi. Now, we are proud to bring our Risk-Focused US Mutual Fund to market, the IDX Risk-Managed Bitcoin Strategy Fund (BTIDX).<\/p>\n<\/div>\n<\/div>

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\nConstant Education and Research for a Rapidly Evolving Space\n<\/h1>
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Similar to the \u2018Internet Boom\u2019 in the late 90s and early 2000s, digital assets have been subject to Moore\u2019s Law, with new developments and improvements in technology (protocols) happening on a daily basis. Our research and investment teams are deeply involved in blockchain technology, evaluating our internally managed data (nodes), auditing the source code (smart contracts) of protocols, and participating in the \u2018prudent\u2019 development of the ecosystem. The fiduciaries who partner with IDX are able to benefit from these insights, and intelligently participate in the growth of the industry.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div><\/div>\n<\/section>

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Why it does make sense to own BTIDX<\/span>?<\/h2>\n<\/div>
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The IDX Risk-Managed Bitcoin Strategy Fund (BTIDX) seeks to Harvest the Volatility of the asset class via a rules-based, risk-managed approach to owning CME Bitcoin Futures and publicly traded Bitcoin Industry companies.<\/p>\n<\/div>\n<\/div>

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The IDX Risk-Managed Bitcoin Strategy Fund (BTIDX) seeks to mitigate the risk-of-loss (downside capture) relative to a long-only (passive) exposure to the asset class.<\/p>\n<\/div>\n<\/div>

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The IDX Risk-Managed Bitcoin Strategy Fund (BTIDX) is a US Mutual Fund regulated by the US Securities and Exchange Commission, and unlike owning Bitcoin (BTC) directly, the IDX Risk-Managed Bitcoin Strategy Fund (BTIDX) can be owned in US brokerage accounts and US retirement accounts held at US custodians.<\/p>\n<\/div>\n<\/div><\/div>

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The Fund does not invest in bitcoin or other digital assets directly. The Fund does not invest in, or seek exposure to, the current \u201cspot\u201d or cash price of bitcoin. Investors seeking direct exposure to the price of bitcoin should consider an investment other than the Fund.<\/p>\n<\/div>\n<\/div><\/div>\n<\/section>

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\nGrowth & Volatility\n<\/h1>
\nSince its inception in 2009 in response to the Great Financial Crisis, Bitcoin (and blockchain technology, in general) has emerged as a disruptive asset class with early applications across multiple industries (including payments, finance & entertainment).\u00a0 As such, the interest in bitcoin within institutional investors\u2019 portfolios has increased accordingly.\n<\/div>\n<\/div>
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\nDrawdowns\n<\/h1>
\nIn traditional asset classes a \u201cBear\u201d market is classically defined as a 20% or greater decline from recent highs amid widespread pessimism and negative sentiment. Many investors are surprised to learn that Bitcoin has commonly exceeded bear market territory, as classically defined, several times per annum since its inception in 2009. In addition to the relative frequency of bear market drawdowns, as compared against traditional asset classes (i.e gold, real estate, stocks and bonds, the severity of drawdown has exceeded 50% and even 80% thresholds several times during its existence.\n<\/div>\n<\/div>\n<\/div>
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How It Works<\/h2>\n<\/div>\n<\/div>
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The Fund\u2019s manager, IDX, believes that the IDX Risk-Managed Bitcoin Strategy may provide investors with total returns over time, while reducing the volatility and the large drawdowns associated with passively owning CME Bitcoin Futures. Historical volatility is not necessarily indicative of future volatility, and therefore changes in market conditions, and other factors, might result in the actual realized volatility and drawdowns of the IDX Risk-Managed Bitcoin Strategy Fund (the \u201cFund\u201d) for any particular period to be materially higher. The return of the Fund for any given period might be materially different than the returns of Bitcoin or CME Bitcoin Futures depending on the allocation decisions made by the Fund\u2019s manager in its efforts to implement the Risk-Managed Strategy.<\/p>\n<\/div>\n<\/div><\/div>

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In periods of waning Bitcoin momentum, our signals seek to avoid periods of \u201cuncompensated risk\u201d and reduces exposure.<\/p>\n<\/div>\n<\/div>

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In periods of positive, increasing Bitcoin Momentum, our signals seek to participate in periods of \u201ccompensated risk\u201d, and increases exposure.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div><\/div>\n<\/section>

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Additional Resources<\/h2>\n<\/div>
\nRegulatory Docs\n<\/div>
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\n \n \n \n \n \n \n \n \n \n \n\n \n \n \n \n \n\n \n 12.31.23 IDX Funds<\/br> Annual Report<\/span>\n\n \n \n <\/a>\n\n \n\n\n<\/div>
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\nFund Materials\n<\/div>
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FAQs<\/h2>\n<\/div>
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