| Investment Objective: |
REX-Osprey ETH + Staking ETF (the "Fund") seeks investment results of 1x the performance, before fees and expenses, of Ether ("ETH" or the "Reference Asset") plus staking rewards associated with the Reference Asset. The Fund, under normal market conditions, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the Reference Asset and other assets that provide exposure to the Reference Asset. The Fund will invest directly or through the REX-Osprey ETH Subsidiary. Although the Fund seeks returns equal to 1x of the Reference Asset, the Fund's performance will not replicate the performance of the Reference Asset (i.e., the Fund's returns may not, be the same as the Reference Asset, due to staking rewards, trading and other expenses , but will generally be in the same direction in a positive or negative manner). The Fund will invest in and hold ETH. The Fund will invest at least 40% of its assets in shares of other exchange traded funds("ETFs") and exchange-traded products ("ETPs"), including non U.S. exchange-traded products ("non-US ETPs"), which invest directly in, provide exposure to, replicate the performance of, or have trading and/or price performance characteristics similar to the Reference Asset. |
