BRRR – CoinShares Bitcoin ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to reflect the performance of the value of a bitcoin as represented by the CME CF Bitcoin Reference Rate – New York Variant, less the Trust’s liabilities and expenses. In seeking to achieve its investment objective, the Trust will hold bitcoin and will value its Shares daily based on the value of bitcoin as reflected by the index, which is an independently calculated value based on an aggregation of executed trade flow of major bitcoin spot exchanges.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BRRR	CoinShares Bitcoin ETF	ETF	Open	—	—	Jan 10, 2024	$480.04M	0.000%	—	—	−$21.14M

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