| Investment Objective: |
The 21Shares FTSE Crypto 10 Index ETF (the "Top 10 Fund" or the "Fund") seeks to track, before fees and expenses, the price performance of the FTSE Crypto 10 Select Index (the "Index"). The Index measures the performance of the top ten largest crypto assets globally, ranked by their market capitalization (collectively, the "Underlying Crypto Assets"). All crypto assets that meet the Index eligibility criteria may be included in the Index. The Fund seeks to achieve its investment objective by investing primarily in securities and financial instruments that derive their value from the performance of the Underlying Crypto Assets. The Fund does not invest directly in any crypto assets, including the Underlying Crypto Assets. In seeking to achieve its investment objective, the Fund may invest in (i) exchange traded products ("ETPs") that provide exposure to one or more Underlying Crypto Assets, including by holding one or more Underlying Crypto Assets directly; (ii) ETFs registered under the 1940 Act that provide exposure to one or more Underlying Crypto Assets; and (iii) financial instruments, including swap agreements, futures contracts, and options contracts that provide direct and indirect economic exposure to one or more Underlying Crypto Assets. |
