Index restructuring, an important step towards ETF approval

Starting June 2, 2025, Nasdaq Inc. ("Nasdaq") has restructured the Nasdaq Cryptocurrency U.S. Settlement Price Index ("NCIUS"), which currently serves as the benchmark index for this trust. Following this restructuring, NCIUS has added four new digital assets—Cardano ("ADA"), Solana ("SOL"), Stellar ("XLM"), and Ripple ("XRP")—in addition to Bitcoin ("$BTC ") and Ethereum ("$ETH ") (collectively referred to as "new index constituents").