| Investment Objective: |
The Fund is an actively managed exchange traded fund ("ETF") that seeks to provide current income while also providing exposure to the price return of one or more U.S.-listed exchange-traded funds that seek exposure to bitcoin (each a "Bitcoin ETP" and collectively, the "Bitcoin ETPs"), subject to a cap on potential investment gains. The Fund seeks to achieve its investment objective by utilizing a synthetic covered call strategy that is designed to provide current income and exposure to the share price returns of one or more Bitcoin ETPs. The Fund seeks to provide exposure through options contracts that reference one or more Bitcoin ETPs that invest principally in bitcoin futures contracts (each, a "Bitcoin Futures ETF") or invests directly in bitcoin (each, a "Spot Bitcoin ETF"). The Fund may also gain exposure through investment in options on indexes that are designed to track the performance of a basket of Spot Bitcoin ETFs listed on U.S. exchanges, such as the Cboe Bitcoin U.S. ETF Index ("Bitcoin ETF Index"). Bitcoin includes options on Bitcoin ETF Indexes, options on Bitcoin ETPs, Bitcoin ETPs, and U.S. exchange-traded bitcoin futures contracts. |
