The KraneShares Coinbase 50 Index ETF (KCOI) is a proposed spot multi-asset cryptocurrency ETF from KraneShares designed to track the Coinbase 50 Index. The Fund is a series of the KraneShares Crypto Trust, organized as a Delaware statutory trust, and its shares are expected to list on the Nasdaq Stock Market under the ticker "KCOI." The Fund will not stake any of the digital assets it holds.

The Coinbase 50 Index (COIN50) is owned by Coinbase and administered by MarketVector Indexes GmbH, tracking the 50 largest and most liquid digital assets by market capitalization, with component weights capped at 50% and rebalanced quarterly. At launch, the Fund will hold 13 assets that satisfy Nasdaq's commodity-based trust listing standard: Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL), Dogecoin (DOGE), Cardano (ADA), Chainlink (LINK), Bitcoin Cash (BCH), Stellar Lumens (XLM), Avalanche (AVAX), Litecoin (LTC), Shiba Inu (SHIB), and Polkadot (DOT). Additional index constituents will be added to the Fund as they become eligible under the listing standard.

The Fund is not registered under the Investment Company Act of 1940, so shareholders do not receive the protections of that Act. Krane Digital Investments LLC serves as Sponsor and charges a sponsor fee of 0.68% per annum on average daily net assets. Coinbase Custody Trust Company, LLC is the crypto custodian; State Street Bank and Trust Company serves as cash custodian, administrator, and transfer agent; Foreside Fund Services, LLC is the marketing agent; and CSC Delaware Trust Company is the trustee. Risks include significant digital asset price volatility, regulatory uncertainty around crypto assets, a limited operating history for the Index, and correlation risk between Fund NAV and Index performance.