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Symphonies
Bitcoin Strategies
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Equal‑weights two daily‑rebalanced systems that use Bitcoin ETFs (GBTC, BITO) as signals. When Bitcoin strength is confirmed, it buys 3x stock ETFs (SPXL, TQQQ) or sits in T‑Bills (BIL). A second branch may short stocks (SPXS) when Bitcoin pops. High risk.
NutHow it works
Split in two. A) Bitcoin trackers GBTC/BITO act as signals. If they trend up (price>20‑day avg; 10‑day>20‑day; 100‑day>300‑day; 50‑day return>0) and are not overheated (RSI<75; RSI = speed‑of‑gains), buy SPXL (3x S&P 500) and TQQQ (3x Nasdaq‑100); else hold BIL (T‑bills). B) If BITO rose 5 days: if stocks stronger than bonds (RSI SPY>SHY) short stocks with SPXS (3x inverse S&P 500), else BIL. Otherwise, if 21‑day BITO up buy SPXL, else BIL. Rebalance daily.
CheckmarkValue prop
Out-of-sample, this BTC‑informed strategy earns ~23.7% annualized return vs ~20.6% for the S&P 500, with a sharper risk profile (Sharpe ~1.43 vs ~1.22) and smaller drawdowns (~13.8% vs ~18.8%), plus a strong Calmar (~1.72).

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Invest in this strategy
OOS Start Date
Feb 21, 2024
Trading Setting
Daily
Type
Stocks
Category
Crypto signal-driven equity timing, cross-asset momentum, trend following, leveraged etfs, risk-on/risk-off
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BITO
ProShares Bitcoin ETF
Stocks
GBTC
Grayscale Bitcoin Trust ETF
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x Shares
Stocks
SPXS
Direxion Daily S&P 500 Bear 3x Shares
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

"Bitcoin Strategies" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Bitcoin Strategies" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Bitcoin Strategies" has returned 22.36%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Bitcoin Strategies" is 13.78%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in "Bitcoin Strategies", simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, and options.