| Investment Objective: |
The investment objective is for changes in the Shares' NAV to reflect the daily changes of the price of the Nasdaq CME Crypto Index (the "Index"), less expenses and liabilities of the Trust. The Sponsor will employ a passive investment strategy intended to track the changes in the Index, regardless of its direction, meaning that the Sponsor will not attempt to outperform the Index. This strategy aims to allow investors to buy and sell Shares to hedge against losses in Index-related transactions or to gain price exposure to the Index. Consistent with its investment objective, the Trust will not use its investments to enhance leverage or seek performance that is the multiple or inverse multiple of the Index. |
