Industry description
The investment seeks changes in the Shares’ NAV to reflect the daily changes of the price of the Hashdex U.S. Bitcoin Futures, less expenses from the fund’s operations.
The fund seeks to achieve its investment objective by investing in Benchmark Component Futures Contracts. Under normal market conditions, the Advisor expects that the fund’s assets will be invested in Benchmark Component Futures Contracts and in cash and cash equivalents, such as short-term Treasury bills, money market funds, and demand deposit accounts.