Net Asset Value Restatement for Innovator Uncapped Bitcoin 20 Floor ETF® - Quarterly Series (Cboe BZX: QBF)
NAV Adjustment Announcement: Innovator Capital Management announced a one-time adjustment to the net asset value (NAV) of the Innovator Uncapped Bitcoin 20 Floor ETF® for March 31, 2025, increasing it from $20.3067 to $21.4804, reflecting a change of 5.78% due to a calculation error.
Company Background: Established in 2017, Innovator Capital Management focuses on providing ETFs with built-in risk management and predictability, having launched the world's first Defined Outcome ETFs™ in 2018.
Trade with 70% Backtested Accuracy
Analyst Views on QBF
About the author

Bitcoin's Surge and Market Correlation: Bitcoin reached a new all-time high of over $117,000 on July 11, 2025, driven by positive market momentum and its correlation with tech stocks like NVIDIA. The upcoming "Crypto Week" in Congress could further influence Bitcoin's institutional adoption and regulatory landscape.
Institutional Adoption and New Investment Products: Companies are increasingly adding Bitcoin to their balance sheets, enhancing its credibility as an asset. New investment products, such as Bitcoin buffer ETFs, have been introduced to attract risk-averse investors, providing downside protection amid volatility.

Growth of Bitcoin ETFs: Experts highlight significant progress and record inflows for Bitcoin ETFs since their launch in January 2024, indicating strong demand and adoption among investors. The initial success has led to the introduction of various crypto-related ETFs, providing unique investment opportunities.
Future Outlook and Demand: Predictions suggest that increased purchases of Bitcoin by countries and corporations could drive prices higher, with Bitwise forecasting Bitcoin to reach $200,000 by 2025. The panelists emphasize the importance of institutional involvement and the ongoing development of new cryptocurrency ETFs to meet investor needs.

NAV Adjustment Announcement: Innovator Capital Management announced a one-time adjustment to the net asset value (NAV) of the Innovator Uncapped Bitcoin 20 Floor ETF® for March 31, 2025, increasing it from $20.3067 to $21.4804, reflecting a change of 5.78% due to a calculation error.
Company Background: Established in 2017, Innovator Capital Management focuses on providing ETFs with built-in risk management and predictability, having launched the world's first Defined Outcome ETFs™ in 2018.
Launch of Uncapped Bitcoin 20 Floor ETF: Innovator Capital Management introduced the Uncapped Bitcoin 20 Floor ETF (QBF) on February 6, featuring a competitive expense ratio of 0.79% and offering investors exposure to Bitcoin's price movements while limiting losses to a maximum of 20%.
Market Demand for Structured Crypto Investments: The launch reflects growing demand for regulated cryptocurrency investment options, as QBF provides a structured way for both seasoned and new investors to gain exposure to digital assets with reduced risk from market volatility.






