{
 "ticker": "BFJL",
 "name": "FT Vest Bitcoin Strategy Floor15 ETF - July",
 "issuer": "First Trust",
 "desk": "buffer",
 "url": "https://etfiq.com/funds/bfjl",
 "html": "https://etfiq.com/funds/bfjl",
 "markdown": "https://etfiq.com/funds/bfjl.md",
 "as_of": "2026-10-09",
 "verdict": "As of Oct 9, 2026, BFJL has reached its cap.",
 "key_facts": [
  {
   "key": "past_the_cap_price_drift_left",
   "label": "Past the cap, price drift left",
   "value": "10.8%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BFJL, past the cap, price drift left: 10.8%, as of Oct 9, 2026."
  },
  {
   "key": "fall_before_the_buffer_fund_price",
   "label": "Fall before the buffer, fund price",
   "value": "26.6%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BFJL, fall before the buffer, fund price: 26.6%, as of Oct 9, 2026."
  },
  {
   "key": "protection_left_index_points",
   "label": "Protection left, index points",
   "value": "85.0%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BFJL, protection left, index points: 85.0%, as of Oct 9, 2026."
  },
  {
   "key": "days_to_reset",
   "label": "Days to reset",
   "value": "273",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "BFJL, days to reset: 273, as of Oct 9, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$4m",
   "source": "issuer page, as of Oct 8, 2026",
   "as_of": "2026-10-09",
   "sentence": "BFJL, net assets: $4m (issuer page, as of Oct 8, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.90%",
   "source": "issuer page, Oct 9, 2026",
   "as_of": "2026-10-09",
   "sentence": "BFJL, expense ratio: 0.90% (issuer page, Oct 9, 2026)."
  }
 ],
 "fields": [
  {
   "key": "reference_index",
   "label": "Reference index",
   "value": "IBIT",
   "source": null
  },
  {
   "key": "buffer",
   "label": "Buffer",
   "value": "15% to 100%",
   "source": null
  },
  {
   "key": "outcome_period",
   "label": "Outcome period",
   "value": "Jul 1, 2026 to Jul 9, 2027",
   "source": null
  },
  {
   "key": "starting_cap",
   "label": "Starting cap",
   "value": "+27.8%",
   "source": null
  },
  {
   "key": "ibit_return_since_period_start",
   "label": "IBIT return since period start",
   "value": "+39.9%",
   "source": null
  },
  {
   "key": "fund_return_since_period_start",
   "label": "Fund return since period start",
   "value": "+14.5%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$4m",
   "source": "issuer page, as of Oct 8, 2026"
  },
  {
   "key": "band_state_today",
   "label": "Band state today",
   "value": "At cap",
   "source": "ETFIQ"
  },
  {
   "key": "can_still_gain",
   "label": "Can still gain",
   "value": "10.8%",
   "source": "issuer, fund price"
  },
  {
   "key": "fall_before_buffer",
   "label": "Fall before buffer",
   "value": "26.6%",
   "source": "issuer, fund price"
  },
  {
   "key": "fall_to_the_buffer_in_index_terms",
   "label": "Fall to the buffer in index terms",
   "value": "39.2%",
   "source": "ETFIQ"
  },
  {
   "key": "protection_left_in_index_points",
   "label": "Protection left in index points",
   "value": "85.0% of 85.0%",
   "source": "ETFIQ"
  },
  {
   "key": "days_left_in_period",
   "label": "Days left in period",
   "value": "273",
   "source": null
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.90%",
   "source": "issuer page, Oct 9, 2026"
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+11.1%",
   "IBIT price return": "+28.5%",
   "Gap to IBIT": "\u221217.4 pts"
  },
  {
   "window": "6 months",
   "Total return": "+13.8%",
   "IBIT price return": "+12.0%",
   "Gap to IBIT": "+1.8 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u22128.0%",
   "IBIT price return": "\u221232.3%",
   "Gap to IBIT": "+24.3 pts"
  }
 ],
 "questions": [
  {
   "q": "How much can BFJL still gain?",
   "a": "Nothing more in index terms on Oct 9, 2026. IBIT has already passed the cap of +27.8% for this period, which runs from Jul 1, 2026 to Jul 9, 2027."
  },
  {
   "q": "How far can BFJL fall before the buffer helps?",
   "a": "26.6% in fund-price terms on Oct 9, 2026, by the issuer's figure. In index terms IBIT can fall 39.2% from that level before the buffer begins. Losses until that point are the holder's."
  },
  {
   "q": "How much of the BFJL buffer is left?",
   "a": "85.0% of the 85.0% buffer sat below the IBIT level on Oct 9, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer."
  },
  {
   "q": "When does BFJL reset?",
   "a": "The outcome period ends on Jul 9, 2027, 273 days from the data on Oct 9, 2026. A new cap is set the next day and the buffer starts again."
  },
  {
   "q": "What does BFJL cost?",
   "a": "The prospectus expense ratio is 0.90% a year."
  }
 ],
 "flows": {
  "as_of": "2026-10-08",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/bfjl.json",
  "windows": [],
  "latest_month": {
   "month": "2026-10",
   "net_flow_usd": 0,
   "net_flow": "$0",
   "source": "ETFIQ, the sum of its days, Oct 6 to Oct 8"
  }
 },
 "generated": "2026-10-09",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, BFJL, buffer ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/bfjl"
}