Hedgeye Hedged Bitcoin ETF (HBIT)

Hedgeye Hedged Bitcoin ETF (HBIT) is an exchange-traded fund in the Digital Assets category. It has $3.85M in assets and an expense ratio of 0.70%. The fund is an actively managed exchange-traded fund (“ETF”) that seeks long-term capital appreciation through participation in the price return of Bitcoin, through investments that provide exposure to Bitcoin or have economic characteristics similar to Bitcoin. It will gain its exposure to the Reference Asset primarily through ETFs and exchange-traded products (“ETPs”) that directly hold the Reference Asset while seeking to reduce volatility and manage downside risk through the use of options.…