Hashdex Bitcoin ETF (DEFI)

Overview

The fund is designed to provide investors with exposure to financial markets by investing primarily in Benchmark Component Futures Contracts. It operates under the premise of achieving its investment goals through a carefully selected mix of futures contracts that track major market benchmarks. The management of the fund is geared towards maintaining a balance between engaging in futures contracts and holding liquid assets such as cash and cash equivalents to ensure flexibility and readiness to respond to market conditions. The fund's strategy reflects a cautious yet proactive approach to investment, aiming to capitalize on market movements while safeguarding against downturns through maintaining liquidity.

Products and Services

• Benchmark Component Futures Contracts

  This product forms the core of the fund's investment strategy, consisting of futures contracts that are expected to track the performance of major market benchmarks. These contracts allow the fund to speculate on the future value of these benchmarks, aiming to profit from their movements without the necessity of holding the physical assets or securities.

• Cash and Cash Equivalents

  As part of its liquidity management, the fund invests in cash and cash equivalents, including short-term Treasury bills, money market funds, and demand deposit accounts. These investments provide the fund with the necessary liquidity to meet short-term obligations and take advantage of investment opportunities quickly without the need to liquidate longer-term assets.