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

First Trust · Buffer ETFs · data as of Oct 9, 2026

As of Oct 9, 2026, BFAP is between its buffer and cap, with CBTX up 21.1% since the period began.

## Key facts

- BFAP, can still gain, fund price: 12.8%, as of Oct 9, 2026.
- BFAP, fall before the buffer, fund price: 24.7%, as of Oct 9, 2026.
- BFAP, protection left, index points: 85.0%, as of Oct 9, 2026.
- BFAP, days to reset: 182, as of Oct 9, 2026.
- BFAP, net assets: $804,499 (issuer page, as of Oct 8, 2026).
- BFAP, expense ratio: 0.90% (issuer page, Oct 9, 2026).

## BFAP over each window to Oct 9, 2026

| Window | Total return |
| --- | --- |
| 3 months | +13.0% |
| 6 months | +8.2% |
| 1 year | −21.9% |

## 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 | +21.1% | ETFIQ |
| Fund return since period start | +11.6% | ETFIQ |
| Net assets | $804,499 | issuer page, as of Oct 8, 2026 |
| Band state today | Open | ETFIQ |
| Can still gain | 12.8% | issuer, fund price |
| Fall before buffer | 24.7% | issuer, fund price |
| Fall to the buffer in index terms | 29.8% | ETFIQ |
| Protection left in index points | 85.0% of 85.0% | ETFIQ |
| Days left in period | 182 | ETFIQ |
| Expense ratio | 0.90% | issuer page, Oct 9, 2026 |

## Money in and out, to Oct 8, 2026

Monthly figures only. Oct 2026: $0, from ETFIQ, the sum of its days, Oct 6 to Oct 8.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: https://etfiq.com/data/flows/funds/bfap.json. Method: https://etfiq.com/methodology/flows

## Questions

### How much can BFAP still gain?

About 12.8% from its price on Oct 9, 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?

24.7% in fund-price terms on Oct 9, 2026, by the issuer's figure. In index terms CBTX can fall 29.8% 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 Oct 9, 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, 182 days from the data on Oct 9, 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, buffer ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/bfap
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at https://etfiq.com/data/.

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