2x Cardano ETF
Cboe US · USDThe fund is an exchange-traded fund (“ETF”) that seeks to achieve its investment objective primarily through managed exposure to ADA futures contracts that trade only on an exchange registered with the CFTC, and cash, cash-like instruments or high-quality securities that serve as collateral to the fund’s investments in ADA Futures Contracts. In this manner, the fund seeks to provide investment results that correspond to twice the performance of the price of ADA for a single day. It is non-diversified.
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