| Investment Objective: |
REX-Osprey XRP ETF (the "Fund") seeks investment results of 1x the performance, before fees and expenses, of XRP ("XRP" or the "Reference Asset"). The Fund will invest directly or through the REX-Osprey XRP Subsidiary. The Fund seeks to invest the majority of its assets directly in the Reference Asset. The Fund will generally purchase and sell XRP on exchanges such as Coinbase and Kraken. The Fund will invest at least 40% of its assets directly 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 (all such ETFs, ETPs and non-US ETPs, "Reference ETFs"). |
