Industry description
The investment seeks to provide investment results that correspond to the price and yield performance, before fees and expenses, of the CoinDesk Bitcoin Trend Indicator Futures Index.
The fund invests least 80% of its total assets, plus borrowings for investment purposes, in the constituents of the index, and in other securities the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the constituents that comprise the underlying index, such as U.S. listed Bitcoin Futures ETFs. The fund is non-diversified.