Investment Objectives and Goals - FT Vest Bitcoin Strategy Floor15 ETF - July |
Jun. 20, 2025 |
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Prospectus [Line Items] | |
Risk/Return [Heading] | <span style="color:#000000;font-family:Arial;font-size:12.60pt;font-weight:bold;">FT Vest Bitcoin Strategy Floor15 ETF </span><span style="color:#000000;font-family:Arial;font-size:12.60pt;font-weight:bold;margin-left:3.5pt;">– July (BFJL)</span> |
Objective [Heading] | <span style="color:#000000;font-family:Arial;font-size:9.90pt;font-weight:bold;">Investment Objective</span> |
Objective, Primary [Text Block] | The investment objective of the FT Vest Bitcoin Strategy Floor15 ETF – July (the “Fund”) is to seek to provide investors with returns (before fees and expenses) that match the price return of a reference asset which seeks to reflect generally (before fees and expenses) the performance of the price of bitcoin (the "Bitcoin Reference Instrument"), up to a predetermined upside cap of ___% (before fees and expenses) while providing a maximum loss of 15% (before fees and expenses) of Bitcoin Reference Instrument losses, over the period from July 1, 2025 through June 30, 2026. |