One+One NASDAQ 100 Bitcoin ETF (OOQB)

Overview

OOQB is a financial fund that provides exposure to two significant asset classes: the NASDAQ-100 and Bitcoin. The primary objective of the fund is to achieve long-term capital appreciation by employing various investment strategies, including US-listed futures, pooled investment vehicles, and collateral management. The fund is designed to provide 100% notional exposure to both the NASDAQ-100 and Bitcoin simultaneously, which allows for a total potential exposure of 200% for investors. This approach aims to amplify returns, ensuring that a $1 investment corresponds to $1 exposure in each asset class. It is important to note that the fund does not invest directly in Bitcoin; rather, it utilizes the price of Bitcoin as represented in the next or second-to-next expiring futures contract. In addition, the fund calculates the value of other Bitcoin-linked investments based on average calculations. Furthermore, through a wholly owned subsidiary located in the Cayman Islands, OOQB has the capability to invest in various assets, including futures, ETFs (Exchange-Traded Products) that offer similar exposure, equities, and cash or cash equivalents. This actively managed ETF has the full discretion to adjust its portfolio at any time while maintaining its tax status, providing flexibility in its investment strategy. Consequently, the tracking deviation may exceed the performance of either the NASDAQ-100 or Bitcoin.

Products and Services

• NASDAQ-100 Exposure:

  OOQB's fund offers direct exposure to the NASDAQ-100 index, which includes 100 of the largest non-financial stocks listed on the NASDAQ stock market. This allows investors to participate in the performance of leading technology and growth-oriented companies, aiming for capital appreciation.

• Bitcoin Exposure:

  Investors can gain exposure to Bitcoin without direct investment through the use of futures contracts. The fund utilizes Bitcoin prices from the next or second-to-next expiring contracts to leverage returns while minimizing the complexities associated with direct Bitcoin ownership.

• Active Portfolio Management:

  The fund is actively managed, which means investment decisions are made dynamically based on market conditions and portfolio performance. The management team has the discretion to adjust asset allocations as needed to optimize returns while adhering to the fund's tax status.

• Diverse Asset Investments:

  OOQB can diversify its portfolio through investments in futures, exchange-traded products, equities, and cash equivalents via its Cayman Islands subsidiary. This range of investment vehicles aims to enhance the fund's potential for returns and manage risk effectively.

• Tax Efficiency:

  By structuring the fund in a way that maintains its tax status, OOQB aims to provide a more tax-efficient vehicle for investors. This feature allows investors to maximize their after-tax returns compared to traditional investment options.

• Pooled Investment Vehicles:

  OOQB utilizes pooled investment vehicles allowing multiple investors to collectively invest in the fund's strategies, thereby sharing the costs and benefits of professional management and diversified exposure to the equity and crypto markets.