The Galaxy DeFi Index Fund (the “Fund”) seeks to simplify exposure to the rapidly growing decentralized finance (DeFi) sector of the digital asset market. The Fund is designed to track the performance of the Bloomberg Galaxy DeFi Index (the “DEFI Index”), which includes the largest DeFi applications in the digital asset ecosystem. The constituents represented in the DEFI Index are selected based on institutional trading and custody readiness in the US, as well as quality of pricing.
The Index is maintained by Bloomberg and leverages their strength in data, pricing, analytics, distribution, and research. Pricing sources selected for liquidity and reliability.
The constituents of the Fund are market cap weighted. No protocol can exceed 40% or be less than 1% of portfolio capitalization.
REBALANCING AND RECONSTITUTIOn
Fund weights and constituents are rebalanced, added, or removed on a monthly basis in accordance with the DEFI Index methodology.
Provides a proxy portfolio for the largest, most liquid segment of the DeFi sector within the broader digital asset class.