One+One S&P 500 and BTC ETF (OOSB)

Overview

OOSB specializes in providing investors with exposure to two prominent markets: the S&P 500 and Bitcoin. The fund's primary objective is to achieve long-term capital appreciation through the strategic use of leverage, employing US-listed futures, pooled investment vehicles, and collateral. By targeting an aggressive 100% notional exposure for each asset, or an aggregate exposure of 200%, OOSB aims to amplify returns. The approach is built upon the principle that a $1 investment will yield $1 worth of exposure to both the S&P 500 and Bitcoin.

While the fund does not directly invest in Bitcoin, it tracks the cryptocurrency's price through next or second-to-next expiring futures contracts. Additionally, for other Bitcoin-linked investments, the value is determined by averaging price movements. The fund manages its investments through a wholly owned subsidiary in the Cayman Islands, which allows it to engage in futures, exchange-traded products (ETPs), equities, and cash equivalents. As an actively managed ETF, OOSB retains full discretion to modify its portfolio dynamically, all while preserving its beneficial tax status. It is important to note that tracking deviation may occur, leading to potential variances from the actual performance of the S&P 500 and Bitcoin.

Products and Services

• U.S. Futures Investments: OOSB utilizes U.S.-listed futures contracts to gain exposure to the S&P 500 and Bitcoin. This allows the fund to leverage its investments, aiming to enhance potential returns while managing risk appropriately.
• Pooled Investment Vehicles: The fund aggregates capital from multiple investors to create larger investment opportunities. This pooling strategy enables OOSB to access diversified investment options that would be less feasible for individual investors.
• Collateral Management: To support its leveraged investments, OOSB employs a collateral management strategy, utilizing cash and cash equivalents. This helps ensure sufficient liquidity and stability in the fund's operations.
• Actively Managed ETF: As an actively managed ETF, OOSB is equipped with the ability to swiftly adjust its portfolio in response to market conditions. This flexible management style aims to capitalize on emerging opportunities and overall market dynamics.
• Bitcoin Price Tracking: Instead of direct investment in Bitcoin, OOSB tracks the cryptocurrency's price through related futures contracts. This method allows for real-time exposure to Bitcoin trends while mitigating risks associated with direct holdings.
• Exposure to ETPs: The fund invests in exchange-traded products that offer similar exposure to the S&P 500 and Bitcoin. These ETPs facilitate trading on stock exchanges and are designed to reflect the performance of the underlying assets.
• Equities Investment: OOSB diversifies its portfolio by investing in equities, which can further enhance its overall return potential. This includes investing in companies that are aligned with the S&P 500, among other opportunities.