2x Bitcoin Strategy ETF

Fund & Index Description

The 2x Bitcoin Strategy ETF (Ticker: BITX) seeks to provide daily investment results, before fees and expenses, that correspond generally to twice the performance of the S&P CME Bitcoin Futures Daily Roll Index (Ticker: SPBTFDUE) for a single day, not for any other period. The fund does not invest directly in bitcoin. Instead, the Fund seeks to benefit from increases in the price of Bitcoin Futures Contracts for a single day.

The S&P CME Bitcoin Futures Daily Roll Index is designed to measure the performance of the CME Bitcoin Futures market and is rebalanced on a daily basis between the front contract and the next month’s contract.

Fund Data & Pricing
Net Assets as of 09/28/2023 $28.95m
NAV $10.84
Shares Outstanding 2,670,000
Premium/discount Percentage 0.07%
Closing Price $10.85
Median 30 Day Spread 0.10%

Data as of 09/28/2023

Median 30 Day Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

Fund Details
Inception Date 06/27/2023
Ticker BITX
Primary Exchange CBOE
CUSIP 92864M301
Expense Ratio 1.85%
30 Day SEC Yield* N/A
Performance Quarter end returns as of 06/30/2023
  Avg. Annualized  
  Quarter 1 Year 3 Year Since Inception
Fund NAV - - - 0.26%
Market Price - - - 0%

Expense ratio: 1.85%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 866.261.0273.

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.  

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Distribution Detail
EX- Date Record Date Payable Date Income
Top 10 Holdings
% Of Net Assets Name Ticker CUSIP Shares/Contracts Market Value/Notional
189.92% CME Bitcoin Fut Oct23 BTCV3 Curncy BTCV3 CURNCY 402 54,983,550.00
10.00% CME Bitcoin Fut Nov23 BTCX3 Curncy BTCX3 CURNCY 21 2,893,800.00
99.99% Cash & Other Cash&Other CASH_USD 28,947,202 28,947,201.57

Data as of 09/29/2023. Cash & Other includes cash, other accrued assets & liabilities, & shares of money market funds that invest in U.S. government securities. Holdings are subject to change.