| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| SK Steven Katznelson Radcliffe Capital Management LP | 327,164 | $3.28M | $3.33M | $45,802.89 | 1.4% |
Bulldog Investors Bulldog Investors LLP | 150,000 | $1.5M | $1.53M | $21,000 | 1.4% |
| BO Brian Oliveira Clear Street Group Inc. | 200,402 | $2.01M | $2.04M | $28,056.34 | 1.4% |
| AAS ABC Arbitrage SA ABC Arbitrage SA | 40,000 | $401,200 | $406,800 | $5,600 | 1.4% |
| NASDAQ (NMS) Exchange | US Country |
The Fund is designed to track the daily investment results, aiming for a performance that is twice (200%) the daily percentage change in the share price of Bitfarms Ltd., a well-known player in the cryptocurrency mining industry, traded on the Nasdaq under the ticker BITF. This investment strategy is focused solely on capturing daily market movements and does not extend beyond a single trading day's performance. Investors should be aware that this fund's objectives may not be applicable or attainable over extended periods, emphasizing the fund's nature of being a tactical investment vehicle.
The Fund utilizes a strategy designed to deliver returns that align with the short-term fluctuations of Bitfarms Ltd.'s stock price. By aiming for a performance that is 200% of the daily changes, the Fund caters to investors seeking to capitalize on rapid market movements.
As a core focus, the Fund invests directly in Bitfarms Ltd., leveraging its position in the burgeoning cryptocurrency mining sector. This direct investment approach is intended to maximize exposure to potential upside driven by the company's operational successes and market demand for cryptocurrency mining.
The Fund's design is specifically tailored for traders looking to enhance gains through short-term trading strategies. Investors are advised that the Fund seeks to achieve its performance objectives solely on a daily basis, aligning with the needs of active investors.
The Fund employs various risk management techniques to mitigate potential losses. By understanding the volatility associated with cryptocurrency markets, the Fund aims to protect investors' capital while seeking to achieve its aggressive performance targets.
As a Nasdaq-listed fund, it operates within regulatory frameworks designed to protect investors. The Fund adheres to these guidelines, ensuring transparency and accountability in its investment operations.