New ETF Tracks Trillion-Dollar Club Including Bitcoin

The Defiance Trillion Dollar Club Index ETF, which began trading on Tuesday under the ticker TRIL, represents a significant evolution in ETF product offerings. The fund tracks the BITA Trillion Dollar Club Index, an exclusive collection of companies that have achieved the rare distinction of $1 trillion or more in market capitalization. The portfolio includes technology behemoths such as Nvidia (NVDA), Tesla (TSLA), Microsoft (MSFT), Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), and Meta Platforms (META), alongside Warren Buffett’s conglomerate Berkshire Hathaway (BRK.B).

What makes TRIL particularly innovative is its inclusion of BlackRock’s iShares Bitcoin Trust (IBIT) within its holdings. This marks one of the first ETFs to combine traditional trillion-dollar company exposure with direct Bitcoin access through an approved investment vehicle. BlackRock’s IBIT has become the most popular Bitcoin fund for institutions seeking cryptocurrency exposure, amassing close to $88 billion in assets under management since receiving SEC approval in January 2024 alongside nine other Bitcoin-focused funds.

The launch of TRIL comes during a period of remarkable performance for both mega-cap technology stocks and digital assets. Bitcoin (BTC), with its market capitalization exceeding $2.2 trillion, has surged 77% over the past year, while the so-called “Mag 7” stocks now account for approximately one-third of the S&P 500’s total market value. This concentration highlights the outsized influence these companies wield in driving market returns and technological innovation.

Defiance ETFs emphasized the strategic rationale behind the fund in their announcement, stating that “these names represent global market leaders driving the AI, cloud, semiconductor, digital asset, and next-generation technology revolutions.” The inclusion of IBIT provides exposure to Bitcoin’s substantial market presence while maintaining the regulatory compliance and institutional-grade structure that comes with an SEC-approved investment vehicle.

Initial trading activity saw investors exchange 5,744 shares of TRIL at $20 per share, generating a total volume of $114,800 on its debut. This initial interest reflects growing investor appetite for products that bridge traditional equity markets with emerging digital asset opportunities.

TRIL represents the latest addition to Defiance ETFs’ growing portfolio of digital asset-focused investment products. The Miami, Florida-based firm already offers ETFs providing turbocharged exposure to Bitcoin, including MSTX, which gives investors access to a leveraged position in Bitcoin treasury firm MicroStrategy’s stock. This product potentially amplifies gains—and losses—by 175%, catering to investors seeking enhanced returns from Bitcoin-related investments.

The company’s strategic focus on combining traditional equity exposure with digital assets comes at a time when Bitcoin was recently trading at approximately $114,000, though prices have been buffeted by macroeconomic uncertainties including concerns about a potential U.S. government shutdown. Despite these short-term volatility factors, the long-term trend has been overwhelmingly positive for both technology stocks and cryptocurrency markets.

By creating products like TRIL that integrate established trillion-dollar companies with emerging digital assets, Defiance ETFs is positioning itself at the intersection of traditional finance and cryptocurrency innovation. This approach acknowledges the growing convergence between these previously separate investment universes and provides investors with streamlined access to the companies and assets shaping the future of technology and finance.