BTF – CoinShares Bitcoin & Ether ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide investors with capital appreciation. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing all or substantially all of its assets in exchange-traded futures contracts on bitcoin and ether(individually, “Bitcoin Futures Contracts” and “Ether Futures Contracts” and, collectively, “Bitcoin and Ether Futures Contracts”) and “Collateral Investments”. It is non-diversified.

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
BTF	CoinShares Bitcoin and Ether ETF	ETF	Open	—	—	Oct 21, 2021	$16.87M	0.980%	—	—	−$9.54M

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