Verdicts genuinely change. Free email alert the moment BCOR's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Grayscale Bitcoin Adopters ETF ETF · Grayscale Funds Trust
42 holdings · as of 2026-06-30 (3.6 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 102% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 42.44% of portfolio weight is in non-compliant holdings, over the 5% threshold.
42 holdings, 34 matched (92% of weight). Portfolio as of 2026-06-30, filed 2026-08-31. Source: SEC Form N-PORT.
1.68% of this portfolio’s income is non-permissible — weighted across holdings, computed over 80% of portfolio weight (26 of 42 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
50.5% compliant 0.0% questionable 41.4% non-compliant 8.0% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TSLA Tesla Inc | COMPLIANT | 22.49% | AAOIFI1.1% Usmani10.8% Dow Jones Islamic1.3% S&P Shariah1.5% MSCI Islamic10.6% MSCI Islamic M-Series1.5% FTSE Shariah6.1% |
| MSTR Strategy Inc | COMPLIANT | 12.83% | AAOIFI12.5% Usmani12.9% Dow Jones Islamic7.5% S&P Shariah9.4% MSCI Islamic12.9% MSCI Islamic M-Series9.4% FTSE Shariah12.8% |
| GLXY Galaxy Digital Inc | NON_COMPLIANT | 5.78% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| XYZ Block Inc | NON_COMPLIANT | 5.69% | AAOIFI12.2% Usmani15.3% Dow Jones Islamic14.3% S&P Shariah14.7% MSCI Islamic15.3% MSCI Islamic M-Series14.7% FTSE Shariah14.6% |
| HUT Hut 8 Corp | NON_COMPLIANT | 5.55% | AAOIFI3.8% Usmani4.4% Dow Jones Islamic9.3% S&P Shariah12.7% MSCI Islamic4.4% MSCI Islamic M-Series12.7% FTSE Shariah4.1% |
| RIOT Riot Platforms Inc | COMPLIANT | 4.86% | AAOIFI10.7% Usmani26.9% Dow Jones Islamic16.7% S&P Shariah20.0% MSCI Islamic26.9% MSCI Islamic M-Series20.0% FTSE Shariah25.8% |
| MELI MercadoLibre Inc | COMPLIANT | 4.65% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| GME GameStop Corp | NON_COMPLIANT | 4.40% | AAOIFI1.6% Usmani1.6% Dow Jones Islamic1.6% S&P Shariah1.9% MSCI Islamic1.6% MSCI Islamic M-Series1.9% FTSE Shariah0.1% |
| MARA MARA Holdings Inc | NON_COMPLIANT | 3.97% | AAOIFI59.2% Usmani56.7% Dow Jones Islamic48.0% S&P Shariah50.6% MSCI Islamic56.6% MSCI Islamic M-Series50.6% FTSE Shariah55.6% |
| DJT Trump Media & Technology Group | NON_COMPLIANT | 3.93% | AAOIFI38.8% Usmani48.2% Dow Jones Islamic22.7% S&P Shariah22.3% MSCI Islamic48.2% MSCI Islamic M-Series22.3% FTSE Shariah48.1% |
| COIN Coinbase Global Inc | NON_COMPLIANT | 3.34% | AAOIFI13.1% Usmani23.2% Dow Jones Islamic9.7% S&P Shariah10.8% MSCI Islamic23.2% MSCI Islamic M-Series10.8% FTSE Shariah22.5% |
| Strive Inc | UNSCREENED | 3.26% | no in-house ratios for this holding |
| 3350.T Metaplanet Inc | COMPLIANT | 2.86% | AAOIFI11.6% Usmani8.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic8.7% MSCI Islamic M-Seriespass FTSE Shariah8.7% |
| BLSH Bullish | COMPLIANT | 2.72% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 3659.T Nexon Co Ltd | NON_COMPLIANT | 2.70% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CLSK Cleanspark Inc | NON_COMPLIANT | 2.56% | AAOIFI54.6% Usmani65.9% Dow Jones Islamic56.9% S&P Shariah61.3% MSCI Islamic65.9% MSCI Islamic M-Series61.3% FTSE Shariah65.9% |
| First American Government Obli | UNSCREENED | 2.53% | no in-house ratios for this holding |
| FIG Figma Inc | NON_COMPLIANT | 1.08% | AAOIFI0.5% Usmani2.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic2.9% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| Core Scientific Inc | UNSCREENED | 1.03% | no in-house ratios for this holding |
| VIRT Virtu Financial Inc | NON_COMPLIANT | 0.85% | AAOIFI21.8% Usmani7.4% Dow Jones Islamic32.2% S&P Shariah39.0% MSCI Islamic7.4% MSCI Islamic M-Series39.0% FTSE Shariah7.4% |
| AKER.OL Aker ASA | NON_COMPLIANT | 0.81% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Cipher Digital Inc | UNSCREENED | 0.65% | no in-house ratios for this holding |
| ARLP Alliance Resource Partners LP | COMPLIANT | 0.49% | AAOIFI17.3% Usmani20.1% Dow Jones Islamic19.9% S&P Shariah21.9% MSCI Islamic20.1% MSCI Islamic M-Series21.9% FTSE Shariah19.7% |
| KEEL Keel Infrastructure Corp | NON_COMPLIANT | 0.38% | AAOIFI48.4% Usmani73.3% Dow Jones Islamic84.8% S&P Shariah100.6% MSCI Islamic73.2% MSCI Islamic M-Series100.6% FTSE Shariah72.5% |
| GEMI Gemini Space Station Inc | NON_COMPLIANT | 0.30% | AAOIFI3.4% Usmani1.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic1.3% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| HIVE Hive Digital Technologies Ltd | NON_COMPLIANT | 0.26% | AAOIFI9.7% Usmani15.3% Dow Jones Islamic21.0% S&P Shariah20.9% MSCI Islamic12.3% MSCI Islamic M-Series20.9% FTSE Shariah3.5% |
| BRRWW Procap Financial Inc | NON_COMPLIANT | 0.25% | AAOIFI369.6% Usmani26.0% Dow Jones Islamic140.8% S&P Shariah140.8% MSCI Islamic26.0% MSCI Islamic M-Series140.8% FTSE Shariah25.7% |
| RUM RUM Group Inc | NON_COMPLIANT | 0.24% | AAOIFI12.1% Usmani23.6% Dow Jones Islamic16.6% S&P Shariah17.9% MSCI Islamic23.6% MSCI Islamic M-Series17.9% FTSE Shariah16.9% |
| Angel Studios Inc | UNSCREENED | 0.23% | no in-house ratios for this holding |
| NTHOL.IS NET Holding AS | COMPLIANT | 0.20% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Wemade Co Ltd | UNSCREENED | 0.19% | no in-house ratios for this holding |
| Prenetics Global Ltd | UNSCREENED | 0.18% | no in-house ratios for this holding |
| 3825.T Remixpoint Inc | COMPLIANT | 0.16% | AAOIFI1.5% Usmani1.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic1.8% MSCI Islamic M-Seriespass FTSE Shariah1.8% |
| BOYAA | UNSCREENED | 0.16% | no in-house ratios for this holding |
| 6574.T Convano Inc | COMPLIANT | 0.15% | AAOIFI1.3% Usmani33.2% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic22.3% MSCI Islamic M-Seriespass FTSE Shariah22.3% |
| CAN Canaan Inc | NON_COMPLIANT | 0.14% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| EXOD Exodus Movement Inc | NON_COMPLIANT | 0.13% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| 5721.T S Crypto Energy Inc | COMPLIANT | 0.12% | AAOIFI7.4% Usmani13.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic13.3% MSCI Islamic M-Seriespass FTSE Shariah13.3% |
| ABTC American Bitcoin Corp | COMPLIANT | 0.11% | AAOIFI— Usmani— Dow Jones Islamicfail S&P Shariahfail MSCI Islamic— MSCI Islamic M-Seriesfail FTSE Shariah— |
| BMNR BitMine Immersion Technologies | COMPLIANT | 0.10% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic— S&P Shariah— MSCI Islamic0.0% MSCI Islamic M-Series— FTSE Shariah0.0% |
| CANG Cango Inc/KY | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CSHR CoinShares PLC | NON_COMPLIANT | 0.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
The published standards disagree about this fund by 8 points of portfolio weight — 58.2% of it passes AAOIFI, 50.0% passes MSCI Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 58.2% ratios fail on 29.0% 15.1% not rated under AAOIFI
ratios pass on 50.1% ratios fail on 32.3% 20.0% not rated under Usmani
ratios pass on 57.8% ratios fail on 25.2% 19.3% not rated under Dow Jones Islamic
ratios pass on 58.1% ratios fail on 25.0% 19.3% not rated under S&P Shariah
ratios pass on 50.0% ratios fail on 32.3% 20.1% not rated under MSCI Islamic
ratios pass on 57.8% ratios fail on 25.2% 19.3% not rated under MSCI Islamic M-Series
ratios pass on 50.1% ratios fail on 32.1% 20.1% not rated under FTSE Shariah
34 of 42 listed holdings carry our own per-methodology verdicts (94% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 26 (87% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Grayscale Bitcoin Adopters ETF (BCOR) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
Computing the full ratio and business-activity breakdown for BCOR — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 37.30 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -177.68 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.43 | SELL |
| ROC (10) | -11.95 | SELL |
| Momentum (10) | -3.29 | SELL |
| EMA (10) | 25.94 | SELL |
| SMA (10) | 26.23 | SELL |
| EMA (20) | 26.35 | SELL |
| SMA (20) | 27.13 | SELL |
| EMA (30) | 26.27 | SELL |
| SMA (30) | 26.86 | SELL |
| EMA (50) | 25.82 | SELL |
| SMA (50) | 25.68 | SELL |
| EMA (100) | 25.21 | SELL |
| SMA (100) | 24.39 | SELL |
| EMA (200) | 25.47 | SELL |
| SMA (200) | 24.49 | SELL |
Under normal circumstances, the fund will invest at least 80% of its net assets (including investment borrowings) in the constituents that comprise the index. The index is designed by Indxx (the “index provider”) to consist of U.S. and non-U.S. equity securities of companies that have been classified by the index provider as having adopted Bitcoin as an asset for corporate treasury management. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BEARISH | 42 |
| ⏲ 5-Min | BEARISH | 18 |
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
The questions worth asking about any verdict on this page, answered plainly.
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-13 · Asset managers net 915835 (+9220)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.