Issuance desk

File a prospectus.

Name the thesis, list the components by address, set allocations and the expense ratio, then make the opening subscription. Issuance and the first subscription settle in one transaction, so the ETF is never listed empty and nobody can front-run its opening basket.

01

Identity

Name
Ticker
02

Components & allocations

100% / 100%
1
%
2
%
03

Expense ratio

1.50% p.a.

Streams to you as newly minted units, 70/30 with the treasury. Capped at 3% by the issuer.

04

Opening subscription

BNB

Bought across 2 components by allocation. Sets the opening reserves and unit price.

  • · Name required
  • · Ticker required
  • · Component 1: invalid address
  • · Component 2: invalid address
  • · +1 more