Leverage Shares 2x Capped Accelerated COIN Monthly ETF seeks to provide approximately twice (2x) the positive share price return of Coinbase Global Inc. up to an approximate upside limit, while seeking to approximately track the negative share price return of the Underlying Stock, over each full calendar month. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities or other instruments that provide exposure to COIN. The fund manager will consider the notional value of fund's options positions for the purpose of assessing compliance with this 80% Policy. The fund is non-diversified.
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