The Trust’s investment objective is to seek to provide exposure to the value of Avalanche held by the Trust, less the expenses of the Trust’s operations and other liabilities. In seeking to achieve its investment objective, the Trust will hold Avalanche and establish its net asset value (“NAV”) by reference to the CME CF Avalanche–Dollar Reference Rate – New York Variant (the “Pricing Benchmark”).
The BAVA ETF provides physical exposure, so by buying it you actually own parts of all the underlying holdings. We're working to retrieve all detailed holdings information.