# BFAP (FT Vest Bitcoin Strategy Floor15 ETF - April)

First Trust · Buffer ETFs · data as of Sep 11, 2026

As of Sep 11, 2026, BFAP sits between its buffer and its cap, with CBTX up 13.9% since the period began.

## Key facts

- BFAP, can still gain: 17.0%, as of Sep 11, 2026.
- BFAP, fall before the buffer: 21.8%, as of Sep 11, 2026.
- BFAP, protection left, index points: 85.0%, as of Sep 11, 2026.
- BFAP, days to reset: 210, as of Sep 11, 2026.
- BFAP, net assets: $776,997 (issuer page, as of Sep 11, 2026).
- BFAP, expense ratio: 0.90% (issuer page, Sep 11, 2026).

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | CBTX | ETFIQ |
| Buffer | 15% to 100% | ETFIQ |
| Outcome period | Apr 1, 2026 to Apr 9, 2027 | ETFIQ |
| Starting cap | +26.8% | ETFIQ |
| CBTX return since period start | +13.9% | ETFIQ |
| Fund return since period start | +7.5% | ETFIQ |
| Net assets | $776,997 | issuer page, as of Sep 11, 2026 |
| Band state today | Open | ETFIQ |
| Can still gain | 17.0% | issuer, fund price |
| Fall before buffer | 21.8% | issuer, fund price |
| Fall to the buffer in index terms | 25.4% | ETFIQ |
| Protection left in index points | 85.0% of 85.0% | ETFIQ |
| Days left in period | 210 | ETFIQ |
| Expense ratio | 0.90% | issuer page, Sep 11, 2026 |

## Questions

### How much can BFAP still gain?

About 17.0% from its price on Sep 11, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +26.8%.

### How far can BFAP fall before the buffer helps?

21.8% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms CBTX can fall 25.4% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the BFAP buffer is left?

85.0% of the 85.0% buffer sat below the CBTX level on Sep 11, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does BFAP reset?

The outcome period ends on Apr 9, 2027, 210 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.

### What does BFAP cost?

The prospectus expense ratio is 0.90% a year.


## Cite this page

ETFIQ, BFAP, data as of Sep 11, 2026. https://etfiq.com/funds/BFAP
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/BFAP  ·  JSON: https://etfiq.com/funds/BFAP.json