| Investment Objective: |
The Fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily price performance of XRP. Initially, the Fund expects to achieve its exposure to XRP primarily through its investment in one or more swap agreements. As more XRP-related investments become available for investment, the Adviser will invest in those XRP-related investments that it believes will most effectively enable the Fund to achieve its investment objective. To obtain 2x daily exposure to XRP, the Fund may enter into, as the "buyer," XRP futures contracts that trade on an exchange registered with the Commodity Futures Trading Commission ("CFTC") ("XRP Futures Contracts"). The Fund also may invest in exchange-traded options contracts that reference XRP, XRP Futures Contracts, or Spot XRP ETPs ("XRP Options" and, collectively with XRP Swaps and XRP Futures Contracts, "XRP-related investments"). |
