BITS ETF Report: Ratings, Analysis, Quotes, Holdings

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*Unless otherwise stated, data provided by FactSet.

BITS Fund Description

BITS is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures.

BITS Factset Analytics Insight

BITS pursues its objective by investing in a mix of equity securities of blockchain companies and long positions on US-listed bitcoin futures. Blockchain companies include those involved in crypto mining, blockchain and digital asset, transactions, applications, hardware and integration, and may include those with direct ownership of digital assets. Such exposure could be obtained directly or indirectly through ETFs, especially those of Global X, while exposure to bitcoin futures is obtained through its wholly-owned Cayman Islands subsidiary which made up roughly 25% of the portfolio. Allocation to these two assets is determined by a variety of criteria. For example, greater exposure could be placed on bitcoin futures during periods of low anticipated cost of carry. Conversely, greater exposure to equities during periods where valuation measures present attractive relative value based on forward price-to-earnings or price-to-sales ratios.

PERFORMANCE [as of 01/26/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

BITS -31.20% -- -23.76% -- -- -- --

BITS (NAV) -31.05% -- -23.24% -- -- -- --

No Underlying Index -- -- -- -- -- -- --

N/A -- -- -- -- -- -- --

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BITS Summary Data

Mirae Asset Global Investments Co., Ltd.

Global X

11/15/21

Open-Ended Fund

0.65%

$6.57M

0.45%

N/A

Fund Home Page

BITS Portfolio Data

N/A

BITS Index Data

No Underlying Index

Proprietary

N/A

BITS Fund Structure

-- / --

N/A

Low

N/A

Leverage Reset Frequency N/A

BITS Tax Exposures

20.00% / 39.60%

BITS Factset Analytics Block Liquidity

As of 01/27/22

This measurement shows how easy it is to trade a $1 million USD block of BITS. BITS is rated a N/A out of 5.

BITS Tradability

15,385

$317.40K

11,627

$269.07K

0.45%

$0.10

0.04%

0.71% / -84.69%

None

10,000

1.16

$14.96

N/A

Options Strategies for Outcome Investing

Collar Strategy
Protection Strategy
Covered Call Strategy
Income Strategy

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.

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BITS