XBCI

The NEOS Boosted Bitcoin High Income ETF (the "Fund") seeks to boost performance by generating high monthly income with the potential for appreciation based on exposure to exchange-traded products ("ETPs") that have direct exposure to Bitcoin. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by: (i) investing in exchange-traded spot Bitcoin ETPs (the "Spot Bitcoin ETPs") primarily through a controlled foreign corporation; (ii) obtaining indirect exposure to Bitcoin by employing an options strategy that consists of selling (writing) put options and buying call options generally at the same strike price on one or more Bitcoin-related instruments; (iii) utilizing a call options strategy to provide high monthly income, which primarily consists of selling (writing) call options on one or more Bitcoin-related instruments; and (iv) relying on leverage to "boost" the Fund's long exposure to Bitcoin and "boost" the monthly income earned for the Fund. The Fund's exposure to the underlying strategies of BTCI, combined with the boost from the additional long exposure to Bitcoin and the additional income through a synthetic Bitcoin covered call strategy, is designed to create approximately 150% of notional portfolio exposure to BTCI.