| Investment Objective: |
The Innovator Uncapped Bitcoin 20 Floor ETF seeks to provide investors with investment results that participate in a percentage of any positive price returns of bitcoin while providing a maximum loss of 20%, before fees and expenses, of any bitcoin price return losses, over successive three-month periods. The Fund will provide the Floor by investing in U.S. Treasury Bills, which will be designed to preserve the Fund's capital in the event the FLEX Options expire worthless at the end of the Outcome Period. The Fund invests in a combination of FLEX Options and U.S. Treasuries to produce the sought-after Outcomes, including the Participation Rate and the Floor. The FLEX Options consist of a "call option spread" strategy via the purchase and sale of call FLEX Options that reference the Bitcoin Reference Asset with expiration dates of approximately three-months. |
