The Fund is an exchange-traded fund (ETF) that seeks to achieve its investment objective primarily through managed exposure to XRP futures contracts that trade only on an exchange registered with the CFTC (XRP Futures Contracts), and cash, cash-like instruments or high-quality securities that serve as collateral to the Funds investments in XRP Futures Contracts (Collateral Investments). In this manner, the Fund seeks to provide investment results that correspond to twice the performance of the price of XRP for a single day. For the purpose of the Funds investment objective, under normal circumstances, the Fund will use the price of XRP that is reflected in the next, or second to next, expiring XRP Futures Contract. If the Fund invests in other XRP-Linked Instruments (defined below), the value of XRP will be determined by an average of how XRP is valued in the financial instruments in which the Fund invests.