Quarterly Report
Filed: 2026-05-07
Key Insights
- The filing contains extensive cryptocurrency holdings across major digital assets including Bitcoin, Ethereum, Solana, Cardano, Polkadot, Chainlink, Litecoin, Avalanche, XRP, Sui, and NEAR Protocol, indicating broad diversification across the crypto index.
- Multiple fair value measurement levels (Level 1, 2, and 3) are referenced throughout the document, suggesting the fund uses both quoted market prices and unobservable inputs to value certain holdings, which may present valuation challenges in volatile crypto markets.
- The fund tracks positions across both established cryptocurrencies (Bitcoin, Ethereum) and emerging altcoins, with significant exposure to DeFi and smart contract platforms, reflecting the evolving composition of a crypto index ETF.
- The document structure shows quarterly reporting for Q1 2026 (ended March 31, 2026) with detailed member classifications for each digital asset, indicating comprehensive portfolio tracking and disclosure practices typical of transparent ETF operations.