BTC++ AI 50
Calibrated launch value from the rulebook. The live reading, the chart and the order panel sit on the desk.
Buy OBTCA50Why this basket exists
What the construction is trying to capture, who it is built for, and how it is meant to be sized inside a wider allocation.
Half Bitcoin, half AI-and-blockchain infrastructure. TAO leads on subnet incentives, RENDER on GPU compute marketplaces, FET on agent infrastructure, GRT on indexing, NEAR on AI-native L1 work, IO on decentralized compute, AKT on cloud-compute marketplaces. A BTC-anchored construction that adds the AI narrative without giving up the Bitcoin core. For allocators who want pure-play AI exposure inside a basket already protected by Bitcoin dominance.
- Diversified family · Growth risk tier
- Rule-based, divisor-method NAV
No committee note is published for this basket yet, so the catalogue description above stands in until one is written.
8 holdings, drawn to scale
Each tile's area is its weight in the basket, so the picture and the table below it are the same data read two ways.
| Holding | Share | Weight | |
|---|---|---|---|
| 01BTC | 50% | ||
| 02TAO | 12% | ||
| 03RENDER | 10% | ||
| 04FET | 8% | ||
| 05GRT | 8% | ||
| 06NEAR | 6% | ||
| 07IO | 4% | ||
| 08AKT | 2% | ||
| Total | 100% |
Why each name earned its seat
Research notes per constituent: the case for the asset, the regime that suits it, and the risk the seat carries.
- BTC50%Core anchor
Bitcoin is the only crypto asset that clears the institutional bar on every dimension: deepest order books, longest track record, lowest custody friction.
Strongest in flight-to-quality and pro-risk macro phases when liquidity is abundant. Underperforms in altcoin rotations and AI-narrative cycles.
concentration risk - TAO12%Growth
Research note pending for this holding. Its weight and its role in the mandate are published above.
- RENDER10%Growth
Research note pending for this holding. Its weight and its role in the mandate are published above.
- FET8%Growth
Research note pending for this holding. Its weight and its role in the mandate are published above.
- GRT8%Growth
Research note pending for this holding. Its weight and its role in the mandate are published above.
Show the remaining 3 holdings
- NEAR6%Growth
Near is the sharded L1 with the most coherent account-abstraction story in the majors. Chain Signatures target the largest UX bottleneck in crypto.
Performs in UX and AI-narrative phases. Lags in flight-to-quality regimes where alt-L1s are sold indiscriminately.
narrative dependence - IO4%Growth
Research note pending for this holding. Its weight and its role in the mandate are published above.
- AKT2%Growth
Research note pending for this holding. Its weight and its role in the mandate are published above.
What the numbers say
Simulated on historical constituent prices. A Sharpe is only published once the measured window clears 90 days, and drawdowns keep their sign.
Every figure above is simulated on historical constituent prices for a basket that has not traded. It describes how the rules would have behaved, not how they will behave. OBTCA50 is part of a public preview.
Max expected loss over the horizon · 95% confidence · historical distribution. There is a 5% chance the actual loss is larger.
| Window | Return | Sharpe | vs BTC |
|---|---|---|---|
| Full window | −20.0% | −0.21 | −0.64 |
| 1 year | −40.6% | −0.84 | −0.05 |
| 6 months | +24.9% | 1.42 | −0.04 |
| 3 months | −8.6% | −0.76 | −1.85 |
| 1 month | +20.8% | Not graded | · |
Returns are simulated over each window. A Sharpe is published only once that window clears 90 days, so the shorter rows read Not graded and carry no comparison with bitcoin. Short windows flatter and punish at random; read the full window first and treat the rest as texture.
What could go wrong
Priced off this basket's own weights rather than off a generic disclaimer, so every figure below can be checked against the table above.
Higher beta than the broad market. Drawdowns of 40 to 60% during risk-off regimes are within historical range. Size accordingly.
- Single-name concentrationHigh
BTC carries 50% of the basket. A drawdown in this single name materially moves NAV.
- Short price historyMedium
TAO, FET have under a year of usable history. Backtest metrics carry wider error bars.
- Deep historical drawdownMedium
Max drawdown reached −69% in the backtest window. Size accordingly.
| Scenario | Loss on net asset value |
|---|---|
| BTC loses half its valueLargest holding, 50.0% of the basket | −25.0%Mechanical |
| The three largest holdings fall 30%BTC, TAO, RENDER · 72.0% of the basket together | −21.6%Mechanical |
| The deepest simulated fall repeatsRecorded once in the window, 426 days to recover | −69.2%Recorded |
| A bad month, one in twenty95% historical value at risk over 30 days | −23.4%Measured |
The mechanical rows hold every other holding still, which is the optimistic case. This basket measured 0.90 correlation to bitcoin over its window, so its holdings tend to fall together rather than one at a time. Read the figures as a floor on the damage, never a ceiling.
The research behind the construction
Take a position in OBTCA50
ConvictionSelective thematic allocation. Size it as a sleeve, not as a core position.
Size a position against the live net asset value, with the full record on the same screen. Funds in this public preview are simulated, so an order here moves a simulated balance and settles nothing. The EVM settlement rail opens with mainnet in the first half of 2027.