Bitwise Bitcoin Strategy Optimum Roll ETF/  US0917482020  /

The Fund seeks to provide investors with capital appreciation. There can be no assurance that the Fund will achieve its investment objective. The Fund seeks to achieve its investment objective through managed exposure to bitcoin futures contracts ("Bitcoin Futures Contracts") and investments in short-term debt securities. The Fund does not invest directly in bitcoin. The Fund will seek to invest in those Bitcoin Futures Contracts that provide the highest implied roll yield. Bitwise Investment Manager, LLC serves as the Fund"s investment adviser ("BIM" or the "Adviser") and Vident Investment Advisory, LLC serves as the Fund"s investment sub-adviser ("Vident" or the "Sub-Adviser").

The Fund seeks to provide investors with capital appreciation. There can be no assurance that the Fund will achieve its investment objective.