Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. It pays a current dividend yield of 2.39% ($0.69 per share annually (TTM)). The most recent ex-dividend date was December 26, 2025, with payment scheduled for December 30, 2025. market capitalization is approximately $4M.
It charges an expense ratio of 0.89%, and manages $5.8M.
BTOP runs a derivative strategy and reports no conventional equity constituents, so there is no holdings breakdown to show. Its exposure comes from options positions rather than shares in underlying companies.