Key Takeaways
- • Amplify ETFs filed for the Amplify Fairlead Tactical Bitcoin ETF (BNAV) in May 2026, introducing an actively managed Bitcoin strategy that dynamically adjusts exposure between 70% and 150% of net assets based on technical market indicators.
- • The fund leverages Fairlead Asset Management's systematic, rules-based technical analysis approach led by Katie Stockton, CMT, a recognized technical analyst and CNBC contributor with decades of experience in trend-following methodologies across asset classes.
- • BNAV represents a tactical alternative to passive Bitcoin exposure, employing a signal-driven framework designed to adjust allocations in response to changing market conditions rather than maintaining static cryptocurrency holdings.
- • This filing expands Amplify's Bitcoin ETF lineup alongside its existing Amplify Bitcoin 2% Monthly Option Income ETF (BITY), which focuses on income generation through covered call strategies and carries a net expense ratio of 0.65%.
Summary
Amplify ETFs announced the filing of the Amplify Fairlead Tactical Bitcoin ETF (BNAV) in May 2026, marking an entry into the actively managed Bitcoin ETF space. The fund is designed to deliver long-term capital appreciation through dynamic exposure management rather than static holdings, positioning itself as a tactical alternative within the expanding Bitcoin ETF landscape.
The fund's core strategy centers on maintaining Bitcoin exposure representing approximately 70% to 150% of its net assets, with allocations dynamically adjusted based on a systematic evaluation of technical market indicators. This tactical approach allows the fund to increase or reduce Bitcoin exposure in response to identified market conditions, contrasting with traditional buy-and-hold or fully passive Bitcoin ETF strategies. Amplify Investments LLC serves as the fund's investment adviser, with Fairlead Asset Management LLC functioning as the investment sub-adviser.
The partnership with Fairlead Asset Management brings technical analysis discipline to digital asset management. Fairlead is led by Katie Stockton, CMT, founder and managing partner, whose credentials include recognition as a technical analyst and CNBC U.S. contributor with decades of experience applying rules-based technical methodologies across multiple asset classes. According to Christian Magoon, CEO of Amplify ETFs, the fund seeks to apply the rigor of traditional technical analysis—a discipline long established in conventional markets—to Bitcoin exposure management through a trend-following approach.
The BNAV filing represents the initial registration step and does not constitute an offer to sell or solicitation to buy securities. This launch builds on Amplify's existing Bitcoin product suite, including the Amplify Bitcoin 2% Monthly Option Income ETF (BITY), which pursues income generation through covered call strategies and reported net assets of approximately $12.57 million with a 0.65% net expense ratio.
The fund's core strategy centers on maintaining Bitcoin exposure representing approximately 70% to 150% of its net assets, with allocations dynamically adjusted based on a systematic evaluation of technical market indicators. This tactical approach allows the fund to increase or reduce Bitcoin exposure in response to identified market conditions, contrasting with traditional buy-and-hold or fully passive Bitcoin ETF strategies. Amplify Investments LLC serves as the fund's investment adviser, with Fairlead Asset Management LLC functioning as the investment sub-adviser.
The partnership with Fairlead Asset Management brings technical analysis discipline to digital asset management. Fairlead is led by Katie Stockton, CMT, founder and managing partner, whose credentials include recognition as a technical analyst and CNBC U.S. contributor with decades of experience applying rules-based technical methodologies across multiple asset classes. According to Christian Magoon, CEO of Amplify ETFs, the fund seeks to apply the rigor of traditional technical analysis—a discipline long established in conventional markets—to Bitcoin exposure management through a trend-following approach.
The BNAV filing represents the initial registration step and does not constitute an offer to sell or solicitation to buy securities. This launch builds on Amplify's existing Bitcoin product suite, including the Amplify Bitcoin 2% Monthly Option Income ETF (BITY), which pursues income generation through covered call strategies and reported net assets of approximately $12.57 million with a 0.65% net expense ratio.
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