The investment objective of the Fund is to provide exposure to companies that are active in Bitcoin mining. In order to achieve its investment objective, the Fund will generally seek to replicate the net total return performance of the CoinShares Bitcoin Mining Index (the Index), subject to the deduction of the TER and other expenses associated with operating the Fund. The Fund is passively managed and consequently changes to the Funds portfolio are driven by changes to the Index in accordance with its published methodology rather than by an active security selection by the Investment Manager.