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<!-- Copyright(c) 2026 Donnelley Financial Solutions Inc. All Rights Reserved.  -->
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				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="LiquidityRiskMember" order="25.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_ManagementRiskMember" xlink:label="ManagementRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="ManagementRiskMember" order="26.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_MarketRiskMember" xlink:label="MarketRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="MarketRiskMember" order="27.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_NewFundRiskMember" xlink:label="NewFundRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="NewFundRiskMember" order="28.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_RiskNondiversifiedMember" xlink:label="RiskNondiversifiedMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="RiskNondiversifiedMember" order="29.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_OperationalRiskMember" xlink:label="OperationalRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="OperationalRiskMember" order="30.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_OptionsRiskMember" xlink:label="OptionsRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="OptionsRiskMember" order="31.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_OptionsValuationRiskMember" xlink:label="OptionsValuationRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="OptionsValuationRiskMember" order="32.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_OTCDerivativesRiskMember" xlink:label="OTCDerivativesRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="OTCDerivativesRiskMember" order="33.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_PremiumDiscountRiskMember" xlink:label="PremiumDiscountRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="PremiumDiscountRiskMember" order="34.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_PutOptionsRiskMember" xlink:label="PutOptionsRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="PutOptionsRiskMember" order="35.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_SignificantExposureRiskMember" xlink:label="SignificantExposureRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="SignificantExposureRiskMember" order="36.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_SpecialTaxRiskMember" xlink:label="SpecialTaxRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="SpecialTaxRiskMember" order="37.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_TargetOutcomePeriodRiskMember" xlink:label="TargetOutcomePeriodRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="TargetOutcomePeriodRiskMember" order="38.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_TradingIssuesRiskMember" xlink:label="TradingIssuesRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="TradingIssuesRiskMember" order="39.0"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_USGovernmentSecuritiesRiskMember" xlink:label="USGovernmentSecuritiesRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="USGovernmentSecuritiesRiskMember" order="40.0"/>
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			<link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/rr/role/ProspectusOnly">
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentDomain" xlink:label="DocumentDomain"/>
				
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            <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
				<link:loc xlink:type="locator" xlink:href="#ftetf_S000090189Member" xlink:label="S000090189Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000090189Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">FT Vest Bitcoin Strategy Floor15 ETF - April</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000090189Member" xlink:to="label_S000090189Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000090189Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S000090189 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000090189Member" xlink:to="label_S000090189Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_C000257115Member" xlink:label="C000257115Member"/>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000257115Member" xlink:to="label_S000090189Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000257115Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000257115 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000257115Member" xlink:to="label_C000257115Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_AbsenceOfAnActiveMarketRiskMember" xlink:label="AbsenceOfAnActiveMarketRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_AbsenceOfAnActiveMarketRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Absence Of An Active Market Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AbsenceOfAnActiveMarketRiskMember" xlink:to="label_AbsenceOfAnActiveMarketRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_AuthorizedParticipantConcentrationRiskMember" xlink:label="AuthorizedParticipantConcentrationRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_AuthorizedParticipantConcentrationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Authorized Participant Concentration Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AuthorizedParticipantConcentrationRiskMember" xlink:to="label_AuthorizedParticipantConcentrationRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_BitcoinReferenceInstrumentRiskMember" xlink:label="BitcoinReferenceInstrumentRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_BitcoinReferenceInstrumentRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Bitcoin Reference Instrument Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BitcoinReferenceInstrumentRiskMember" xlink:to="label_BitcoinReferenceInstrumentRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_BitcoinRiskMember" xlink:label="BitcoinRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_BitcoinRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Bitcoin Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BitcoinRiskMember" xlink:to="label_BitcoinRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_BoxSpreadRiskMember" xlink:label="BoxSpreadRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_BoxSpreadRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Box Spread Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BoxSpreadRiskMember" xlink:to="label_BoxSpreadRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_CallOptionsRiskMember" xlink:label="CallOptionsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CallOptionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Call Options Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CallOptionsRiskMember" xlink:to="label_CallOptionsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_CapChangeRiskMember" xlink:label="CapChangeRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CapChangeRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cap Change Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapChangeRiskMember" xlink:to="label_CapChangeRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_CappedUpsideRiskMember" xlink:label="CappedUpsideRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CappedUpsideRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Capped Upside Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CappedUpsideRiskMember" xlink:to="label_CappedUpsideRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_CashTransactionsRiskMember" xlink:label="CashTransactionsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CashTransactionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash Transactions Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashTransactionsRiskMember" xlink:to="label_CashTransactionsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_CounterpartyRiskMember" xlink:label="CounterpartyRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CounterpartyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Counterparty Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CounterpartyRiskMember" xlink:to="label_CounterpartyRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CreditRiskMember" xlink:label="CreditRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Credit Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditRiskMember" xlink:to="label_CreditRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_CurrentMarketConditionsRiskMember" xlink:label="CurrentMarketConditionsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CurrentMarketConditionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Current Market Conditions Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentMarketConditionsRiskMember" xlink:to="label_CurrentMarketConditionsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_CyberSecurityRiskMember" xlink:label="CyberSecurityRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CyberSecurityRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cyber Security Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CyberSecurityRiskMember" xlink:to="label_CyberSecurityRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_DebtSecuritiesRiskMember" xlink:label="DebtSecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_DebtSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Debt Securities Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesRiskMember" xlink:to="label_DebtSecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_DerivativesRiskMember" xlink:label="DerivativesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_DerivativesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Derivatives Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesRiskMember" xlink:to="label_DerivativesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_DigitalAssetIndustryRiskMember" xlink:label="DigitalAssetIndustryRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_DigitalAssetIndustryRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Digital Asset Industry Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DigitalAssetIndustryRiskMember" xlink:to="label_DigitalAssetIndustryRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_DigitalAssetRegulatoryRiskMember" xlink:label="DigitalAssetRegulatoryRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_DigitalAssetRegulatoryRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Digital Asset Regulatory Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DigitalAssetRegulatoryRiskMember" xlink:to="label_DigitalAssetRegulatoryRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_FlexOptionsRiskMember" xlink:label="FlexOptionsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_FlexOptionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Flex Options Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FlexOptionsRiskMember" xlink:to="label_FlexOptionsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_FloorRiskMember" xlink:label="FloorRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_FloorRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Floor Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FloorRiskMember" xlink:to="label_FloorRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_IndexOrModelConstituentRiskMember" xlink:label="IndexOrModelConstituentRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_IndexOrModelConstituentRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Index Or Model Constituent Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndexOrModelConstituentRiskMember" xlink:to="label_IndexOrModelConstituentRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_InflationRiskMember" xlink:label="InflationRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_InflationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Inflation Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InflationRiskMember" xlink:to="label_InflationRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestRateRiskMember" xlink:label="InterestRateRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest Rate Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateRiskMember" xlink:to="label_InterestRateRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_LeverageRiskMember" xlink:label="LeverageRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_LeverageRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Leverage Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeverageRiskMember" xlink:to="label_LeverageRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_LiquidityRiskMember" xlink:label="LiquidityRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_LiquidityRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Liquidity Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiquidityRiskMember" xlink:to="label_LiquidityRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_ManagementRiskMember" xlink:label="ManagementRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ManagementRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Management Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManagementRiskMember" xlink:to="label_ManagementRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_MarketRiskMember" xlink:label="MarketRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_MarketRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Market Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketRiskMember" xlink:to="label_MarketRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_NewFundRiskMember" xlink:label="NewFundRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_NewFundRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">New Fund Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewFundRiskMember" xlink:to="label_NewFundRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_RiskNondiversifiedMember" xlink:label="RiskNondiversifiedMember"/>
				<link:label xlink:type="resource" xlink:label="label_RiskNondiversifiedMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risk Nondiversified [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RiskNondiversifiedMember" xlink:to="label_RiskNondiversifiedMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_OperationalRiskMember" xlink:label="OperationalRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_OperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Operational Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperationalRiskMember" xlink:to="label_OperationalRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_OptionsRiskMember" xlink:label="OptionsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_OptionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Options Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OptionsRiskMember" xlink:to="label_OptionsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_OptionsValuationRiskMember" xlink:label="OptionsValuationRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_OptionsValuationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Options Valuation Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OptionsValuationRiskMember" xlink:to="label_OptionsValuationRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_OTCDerivativesRiskMember" xlink:label="OTCDerivativesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_OTCDerivativesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">OTC Derivatives Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OTCDerivativesRiskMember" xlink:to="label_OTCDerivativesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_PremiumDiscountRiskMember" xlink:label="PremiumDiscountRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_PremiumDiscountRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Premium Discount Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumDiscountRiskMember" xlink:to="label_PremiumDiscountRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_PutOptionsRiskMember" xlink:label="PutOptionsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_PutOptionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Put Options Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PutOptionsRiskMember" xlink:to="label_PutOptionsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_SignificantExposureRiskMember" xlink:label="SignificantExposureRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_SignificantExposureRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Significant Exposure Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SignificantExposureRiskMember" xlink:to="label_SignificantExposureRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_SpecialTaxRiskMember" xlink:label="SpecialTaxRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_SpecialTaxRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Special Tax Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SpecialTaxRiskMember" xlink:to="label_SpecialTaxRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_TargetOutcomePeriodRiskMember" xlink:label="TargetOutcomePeriodRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_TargetOutcomePeriodRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Target Outcome Period Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TargetOutcomePeriodRiskMember" xlink:to="label_TargetOutcomePeriodRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_TradingIssuesRiskMember" xlink:label="TradingIssuesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_TradingIssuesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Trading Issues Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingIssuesRiskMember" xlink:to="label_TradingIssuesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#ftetf_USGovernmentSecuritiesRiskMember" xlink:label="USGovernmentSecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_USGovernmentSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">US Government Securities Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USGovernmentSecuritiesRiskMember" xlink:to="label_USGovernmentSecuritiesRiskMember"/>
            </link:labelLink>
         </link:linkbase>
      </xs:appinfo>
  </xs:annotation>
	<xs:element name="S000090189Member" id="ftetf_S000090189Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000257115Member" id="ftetf_C000257115Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="AbsenceOfAnActiveMarketRiskMember" id="ftetf_AbsenceOfAnActiveMarketRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="AuthorizedParticipantConcentrationRiskMember" id="ftetf_AuthorizedParticipantConcentrationRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="BitcoinReferenceInstrumentRiskMember" id="ftetf_BitcoinReferenceInstrumentRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="BitcoinRiskMember" id="ftetf_BitcoinRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="BoxSpreadRiskMember" id="ftetf_BoxSpreadRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CallOptionsRiskMember" id="ftetf_CallOptionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CapChangeRiskMember" id="ftetf_CapChangeRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CappedUpsideRiskMember" id="ftetf_CappedUpsideRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CashTransactionsRiskMember" id="ftetf_CashTransactionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CounterpartyRiskMember" id="ftetf_CounterpartyRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CurrentMarketConditionsRiskMember" id="ftetf_CurrentMarketConditionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CyberSecurityRiskMember" id="ftetf_CyberSecurityRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="DebtSecuritiesRiskMember" id="ftetf_DebtSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="DerivativesRiskMember" id="ftetf_DerivativesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="DigitalAssetIndustryRiskMember" id="ftetf_DigitalAssetIndustryRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="DigitalAssetRegulatoryRiskMember" id="ftetf_DigitalAssetRegulatoryRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="FlexOptionsRiskMember" id="ftetf_FlexOptionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="FloorRiskMember" id="ftetf_FloorRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="IndexOrModelConstituentRiskMember" id="ftetf_IndexOrModelConstituentRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="InflationRiskMember" id="ftetf_InflationRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="LeverageRiskMember" id="ftetf_LeverageRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="LiquidityRiskMember" id="ftetf_LiquidityRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="ManagementRiskMember" id="ftetf_ManagementRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="MarketRiskMember" id="ftetf_MarketRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="NewFundRiskMember" id="ftetf_NewFundRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RiskNondiversifiedMember" id="ftetf_RiskNondiversifiedMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="OperationalRiskMember" id="ftetf_OperationalRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="OptionsRiskMember" id="ftetf_OptionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="OptionsValuationRiskMember" id="ftetf_OptionsValuationRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="OTCDerivativesRiskMember" id="ftetf_OTCDerivativesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="PremiumDiscountRiskMember" id="ftetf_PremiumDiscountRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="PutOptionsRiskMember" id="ftetf_PutOptionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="SignificantExposureRiskMember" id="ftetf_SignificantExposureRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="SpecialTaxRiskMember" id="ftetf_SpecialTaxRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="TargetOutcomePeriodRiskMember" id="ftetf_TargetOutcomePeriodRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="TradingIssuesRiskMember" id="ftetf_TradingIssuesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="USGovernmentSecuritiesRiskMember" id="ftetf_USGovernmentSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>

</xs:schema>
