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AFFOA Names The Lycra Company, Gentex Corporation, Ecotune, and Macrocycle Technologies as Awardees in its Product Accelerator for Functional Fabrics Program

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Four awardees will receive no-cost access to AFFOA’s expertise, prototyping, testing, and scale-up capabilities to accelerate advanced textile innovations from lab to market.

BEDFORD, Mass., June 25, 2026 /PRNewswire/ — AFFOA (Advanced Functional Fabrics of America, Inc.) announced today that The Lycra Company, Gentex Corporation, Ecotune and MacroCycle Technologies have been selected as awardees in the third round of its Product Accelerator for Functional Fabrics (PAFF 3.0) program. The goal of the PAFF 3.0 program is to address critical technical and manufacturing challenges by providing no-cost access to AFFOA’s engineering experts, prototyping and testing facilities, manufacturing scale-up capabilities and domestic supply chain network to improve manufacturability and accelerate time to market.

“The caliber of proposals we received for this round of PAFF was remarkable, and selecting just four awardees was no easy task,” said AFFOA CEO Sasha Stolyarov, Ph.D. “What stood out about The Lycra Company, Gentex Corporation, Ecotune, and MacroCycle was their shared commitment to solving real manufacturing challenges — faster development cycles, improving production efficiency and quality, and scaling more sustainable, high-performance materials. Bridging that gap between innovation and real-world manufacturing is at the heart of what AFFOA does, and we are excited to bring our technical expertise to bear on each of these projects.”

The Lycra Company, a global leader in fiber innovation, will partner with AFFOA to integrate virtual garment prototyping into its product development process. In the realms of activewear, athleisure, and performance apparel, physical fit trials traditionally drive validation and are often accompanied by two to three months of lead time. Through PAFF 3.0, The Lycra Company will leverage AFFOA’s digital engineering expertise to evaluate and validate three-dimensional garment simulation software for close-to-body applications such as leggings and sports bras. This initiative will supplement live wear trials and accelerate product development and reduce time to market by enabling more rapid, accurate virtual fit and performance assessments. “This partnership with AFFOA connects what we engineer at the fiber level with what consumers experience at the garment level,” said Molly Fulin, Product Category Director – Knits, The LYCRA Company. “By exploring how advanced digital prototyping can reflect the stretch and recovery of materials, we have the opportunity to enhance how we develop, validate, and bring high-performance solutions to market.”

Gentex Corporation, a longtime leader in protective helmet manufacturing for the U.S. Department of War, will receive AFFOA’s assistance in maturing an automation solution for sewing operations. Currently, Gentex produces thousands of helmets per month across its US facilities.  Each helmet requires products sewn individually by an operator — a process that is both repetitive and time consuming.  Through PAFF 3.0, AFFOA will help advance prototype solutions through larger scale implementations for application across all Gentex sewing cells, driving efficiency, consistency, and worker safety. “The PAFF program is more than a path to automation for Gentex, it is an opportunity to improve safety, efficiency, and consistency across our manufacturing operations. By advancing this technology with AFFOA, we can better support our workforce while maintaining the uncompromising quality and reliability that the U.S. warfighter expects from every Gentex helmet.” Mike Turek, Chief Operating Officer, Gentex Corporation.

Ecotune, a material innovation startup, will leverage AFFOA’s expertise to accelerate the commercialization of its fully bio-based, plastic-free textile coatings designed to replace high-carbon footprint materials like polyurethane and PVC. Backed by five years of NSF- and EPA-supported research, Ecotune has created a USDA-certified, 100% bio-based coating technology that meets or exceeds key performance metrics — including tensile strength, flex resistance, and abrasion resistance — while achieving projected price parity with conventional coatings. Through PAFF 3.0, Ecotune will draw on AFFOA’s knowledge in manufacturing scale-up, process development and the textile supply chain to assess the technology’s drop-in compatibility with existing textile manufacturing infrastructure and conduct roll-to-roll pilot scale trials. The project is expected to validate a scalable pathway to commercialization and enable broader adoption of an innovative bio-based coating technology. “Scaling up is vital to bringing innovation to the market and Ecotune having access to the resources of AFFOA will get us there faster and more economically.” said Ella Csuka, Founder of Ecotune.

MacroCycle Technologies, a hard tech startup developing a breakthrough textile-to-textile recycling platform, will collaborate with AFFOA to accelerate the commercial readiness of its SolvoGenesis™ platform, which converts post-consumer polyester waste into virgin-quality recycled polyester resin using over 80% less energy than conventional PET production. With global polyester fiber production exceeding 70 million tons annually and less than one percent currently recycled, MacroCycle’s breakthrough chemistry purifies and upgrades polyester without degrading performance. Through PAFF 3.0, AFFOA will apply its expertise in textile manufacturing, testing and evaluation, and domestic supply chain development to produce commercial-grade fabric swatches from recycled PET, validate textile-level performance, and connect MacroCycle with domestic supply chain partners, ultimately accelerating market adoption of textile-to-textile recycling technologies and strengthening domestic manufacturing capabilities. “We’re excited to partner with AFFOA and leverage their deep expertise in knitting and weaving to take our MacroTEX resin + yarns to the next level by crafting fabrics for our customers – a critical step in our scaling journey to bring energy- and cost-efficient T2T textiles to major domestic and global markets.” Jan-Georg Rosenboom, Ph.D., MacroCycle Co-founder & CTO.

PAFF 3.0 advances AFFOA’s mission of accelerating technology maturation and strengthening domestic supply chain resilience by helping companies overcome barriers to commercialization through access to world-class technical expertise and manufacturing resources. Collectively, these awardees reflect the breadth and ambition of what is possible when industry expertise meets AFFOA’s hands-on support — and the critical role advanced textiles will play in the future of U.S manufacturing.

About AFFOA:
Advanced Functional Fabrics of America (AFFOA) is a nonprofit innovation organization and a Manufacturing USA Institute accelerating textile technology and manufacturing breakthroughs that safeguard the nation, advance industry, and improve quality of life. AFFOA fulfills its mission by (1) advancing transformative technologies, (2) connecting a dynamic domestic advanced Fabric Innovation Network, and (3) inspiring and educating the workforce of the future. Through its role as a trusted convener, engineering collaborator, and technology development partner, AFFOA brings together industry, academia, startups, and government to accelerate the commercialization and adoption of advanced fiber fabric-enabled solutions. Discover more at affoa.org.

About The Lycra Company:

The LYCRA Company innovates and produces fiber and technology solutions for the apparel and personal care industries and owns the leading consumer brands: LYCRA®, LYCRA HyFit®, LYCRA® T400®, COOLMAX®, THERMOLITE®, ELASPAN®, SUPPLEX® and TACTEL®. Headquartered in Wilmington, Delaware, U.S., The LYCRA Company is recognized worldwide for its sustainable products, technical expertise, and marketing support. The LYCRA Company focuses on adding value to its customers’ products by developing unique innovations designed to meet the consumer’s need for comfort and lasting performance. Learn more at thelycracompany.com  

About the Gentex Corporation:

With a history of innovation that spans for 130 years, Gentex Corporation is a leading supplier of products that advance personal protection and situational awareness for global defense forces, emergency responders, and industrial personnel operating in high-performance environments. Our portfolio includes helmet system platforms, hearing protection and communications products, and capability upgrades for defense and security forces sold under the Gentex and Ops-Core brands, as well as PureFlo industrial respiratory protection systems. Privately held, Gentex is headquartered in Carbondale, Pennsylvania, and supports its global customers through a worldwide distributor network and facilities in the U.S., the U.K., and Australia. Learn more at www.gentexcorp.com.

About Ecotune:

Ecotune is a California-based material innovation company developing bio-based textile coatings to replace petroleum-derived polyurethanes with non-toxic and renewable alternatives. Backed by five years of NSF- and EPA-supported research and development, Ecotune has created a technology platform for UDSA-certified 100% bio-based coatings that meet and exceed key performance metrics across strength, flexibility, and durability. Ecotune’s innovative textiles can be used across fashion, footwear, interior design, and automotive applications with projected lower cost at scale compared to polyurethane.

About the MacroCycle Technologies:

MacroCycle is an MIT startup that unlocks domestic lowest-cost, high-value textile fiber manufacturing from abundant waste resources. MacroCycle’s patented “SolvoGenesis” process uses highly selective chemistry that is able to separate waste polymers and upgrade them directly without the expensive breakdown process most other companies follow, making it 80% more energy-efficient than traditional PET resin production. Their success has been covered by TechCrunch, Forbes and recycling outlets, and they are working with various major supply chain partners to bring T2T recycled textiles to the market.

Contact Information:
AFFOA
Joshua Rapoza
Director of Marketing and Communications
508.558.6682
jrapoza@affoa.org 

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DeFi Technologies Inc. Announces Extension of Proxy Voting Deadline for Upcoming Annual General and Special Meeting

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Shareholders now have until June 28, 2026 at 5:00 PM ET to submit votes

TORONTO, June 25, 2026 /PRNewswire/ – DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (NASDAQ: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance, announced today that it has extended the deadline for the submission of proxies related to its upcoming annual general and special meeting of shareholders (the “Meeting”) to June 28, 2026 at 5:00 PM ET. The Meeting will be held virtually on June 29, 2026 at 10:00 AM ET at https://meetings.lumiconnect.com/400-468-404-350.

The deadline is being extended to allow holders (“Shareholders”) of DeFi Technologies common shares (the “Shares”) more time to vote and to ensure a quorum is present at the Meeting. Shareholders should refer to the Company’s Management Information Circular dated May 20, 2026 for detailed instructions on how to vote as registered or beneficial holder of Shares.

About DeFi Technologies

DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) (Brazil B3: DEFT31) is a financial technology company building for the convergence of traditional capital markets and decentralized finance (“DeFi“). As a publicly listed and vertically integrated digital asset platform, DeFi Technologies provides familiar, simple, secure, and regulated access to the digital asset economy through investment products, trading and liquidity infrastructure, research, and strategic capital deployment. Its business includes Valour, a leading issuer of regulated digital asset ETPs; Stillman Digital, an institutional-grade digital asset trading and liquidity platform; and DeFi Alpha, the Company’s internal business line focused on opportunistic trading, arbitrage, and other capital markets strategies. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the gateway between traditional finance and the future of digital assets.

Follow DeFi Technologies on LinkedIn and X/Twitter, and for more details, visit https://defi.tech/.

DeFi Technologies Subsidiaries

About Valour

Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies. For more information about Valour, to subscribe, or to receive updates, visit valour.com.

About Stillman Digital

Stillman Digital is a leading digital asset liquidity provider that offers limitless liquidity solutions for businesses, focusing on industry-leading trade execution, settlement, and technology. For more information, please visit https://www.stillmandigital.com.

Cautionary note regarding forward-looking information:

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited to growth and development of DeFi and digital asset sector; rules and regulations with respect to DeFi and digital asset; fluctuation in digital asset price levels; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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SOURCE DeFi Technologies Inc.

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Patronus AI Raises $50 Million Series B and Unveils First Digital World Models for AI Agent Training and Simulation

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New funding will accelerate development of Digital World Models and large-scale simulation environments for long-horizon AI agents

SAN FRANCISCO, June 25, 2026 /PRNewswire/ — Patronus AI today announced a $50 million Series B led by Greenfield Partners and unveiled its Digital World Models, a new class of large-scale simulation environments designed to help AI systems train, evaluate, and improve across complex digital workflows. The round included participation from existing investors Notable Capital, Lightspeed Venture Partners, Datadog, Samsung, Factorial Capital, Gokul Rajaram, and leading AI and software executives.

Since launching less than three years ago, Patronus AI has become a leader in AI evaluation, simulation infrastructure, and reliability testing for frontier AI systems. Today, Patronus AI works with the majority of the world’s leading frontier AI labs and hyperscalers. The company’s revenue has grown more than 15x over the past year, reflecting growing demand for infrastructure that helps organizations train, evaluate, and deploy increasingly autonomous AI systems. The new funding brings Patronus AI’s total capital raised to $70 million.

Patronus AI was founded by AI researchers and engineers with backgrounds at organizations including Meta AI, Amazon AGI, and Google. The team’s experience spans LLM evaluation, AI alignment, fairness, and embodied agents, providing the technical foundation for the company’s work in simulation and evaluation infrastructure.

From Static Benchmarks to Simulated Digital Worlds

The first phase of generative AI was built on static internet text and benchmark leaderboards. But as agents move into longer, more complex workflows, the limitations of that approach are becoming increasingly clear.

An agent managing a customer escalation, navigating enterprise software, conducting research across thousands of documents, or debugging production infrastructure cannot be trained through benchmark memorization alone. These systems need dynamic environments that resemble the digital world they will actually operate inside.

Patronus AI is building what it describes as Digital World Models — language diffusion world models that are designed to scale the creation of simulation data to train and evaluate AI agent actions across complex digital workflows.

The company builds simulation infrastructure that allows AI systems to train on realistic software, research, communication, and enterprise workflows. Instead of optimizing for narrow benchmark performance, the goal is to produce agents that can operate reliably across ambiguous, long-horizon tasks.

“Benchmarks were never the destination,” said Anand Kannappan, CEO and co-founder of Patronus AI. “Static evaluations tell you whether a model can answer a narrow question in a controlled setting. They do not tell you whether an agent can navigate ambiguity, recover from failure, or operate reliably across long, unpredictable workflows. That requires environments where systems can practice, adapt, and accumulate experience over time.”

Introducing World’s First Digital World Models

Patronus AI believes simulations will become one of the defining infrastructure layers of the AI era.

The company’s research focuses on generating ecologically valid environments where agents can encounter edge cases, recover from failures, and improve through repeated interaction. This includes simulation tooling, evaluation systems, and diffusion-based Digital World Models that can generate increasingly sophisticated training environments over time.

The approach is designed to address one of the largest unsolved problems in AI: scalable oversight.

As AI systems become more capable, manual review becomes increasingly insufficient. Patronus AI’s long-term vision is to build systems capable of supervising, evaluating, and governing increasingly autonomous agents at scale.

“Manual review does not scale once AI systems begin operating across millions of workflows and decisions,” said Kannappan. “That is why simulations matter. They create environments where AI systems can be tested, improved, and supervised before failures happen in production.”

New Funding Fuels Research and Expansion

With the new funding, Patronus AI plans to expand its research organization, grow its engineering team, and invest in the compute and infrastructure required to train and run Digital World Models at scale.

“Patronus AI is tackling one of the most important infrastructure problems in artificial intelligence,” said Itay Inbar, Partner at Greenfield Partners. “The future of AI will depend on systems that can learn and operate reliably in complex environments, and simulations are becoming essential to making that possible.”

About Patronus AI

Patronus AI is a simulation and evaluation infrastructure company building Digital World Models to accelerate the next generation of AI agents. Founded by former Meta AI researchers Anand Kannappan and Rebecca Qian, the company develops large-scale simulation environments, evaluation systems, and reliability infrastructure that help AI research and engineering teams to build and deploy trustworthy AI systems.

For more information, visit https://www.patronus.ai 

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SOURCE Patronus AI

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Bitwise Announces Monthly Distributions for IMST, ICOI, IMRA, IGME, ICRC, and IETH

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SAN FRANCISCO, June 25, 2026 /PRNewswire/ — Bitwise Asset Management, a leading crypto asset manager, today announced the monthly distributions for its suite of Option Income Strategy ETFs: IMST, ICOI, IMRA, IGME, ICRC, and IETH.

Fund

Ticker

Distribution
Per Share

Distribution
Rate

30-Day SEC
Yield

Return of
Capital

Ex-Date /
Record Date

Payment
Date

1-Month
Return

1-Year
Return

Since 
Inception
Return*

Bitwise
COIN
Option
Income
Strategy
ETF

ICOI

$0.16768

20.00 %

0.00 %

100.00 %

6/26/2026

6/30/2026

-11.80 %

-51.38 %

-29.37 %

Bitwise
MARA
Option
Income
Strategy 
ETF

IMRA

$0.11956

8.44 %

0.00 %

100.00 %

6/26/2026

6/30/2026

-3.92 %

-34.66 %

-19.84 %

Bitwise
MSTR
Option
Income
Strategy 
ETF

IMST

$0.06972

11.45 %

0.00 %

100.00 %

6/26/2026

6/30/2026

-32.43 %

-69.28 %

-56.55 %

Bitwise
GME
Option
Income
Strategy
ETF

IGME

$0.38657

20.48 %

0.00 %

100.00 %

6/26/2026

6/30/2026

0.22 %

3.31 %

-14.45 %

Bitwise
CRCL
Option
Income
Strategy
ETF

ICRC

$0.36850

22.36 %

0.00 %

100.00 %

6/26/2026

6/30/2026

-24.97 %

-44.13 %

Bitwise
Ethereum
Option
Income
Strategy
ETF

IETH

$0.09702

7.44 %

0.00 %

100.00 %

6/26/2026

6/30/2026

-23.75 %

-58.34 %

* Returns for periods of greater than one year are annualized.

The Distribution Rate shown is as of 4 p.m. ET on June 25, 2026. The Distribution Rate is the annual rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. The distribution may include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease a fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. The Return of Capital percentage is the estimated portion of the distribution that represents an investor’s original investment. Future distributions may differ significantly and are not guaranteed. The 30-day SEC yield reflects the dividends and interest earned during the previous month, after deducting the fund’s expenses. This is also referred to as the “standardized yield” and provides an annualized estimate of what an investor would earn in yield over a 12-month period, assuming the fund continues to earn at the same rate.
Performance data quoted represents past performance and is no guarantee of future results. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. For the most recent month-end performance, please call 1-415-707-3663.

The net expense ratio for each Option Income Fund is 0.98%, with the exception of IETH, which has a net expense ratio of 0.97%. (The gross expense ratio for ICOI and IMST is 0.99%, with a fee waiver in place through April 2, 2027.)

Risks and Important Information

Carefully consider the investment objectives, risk factors, charges, and expenses of the Bitwise COIN Option Income Strategy ETF (ICOI), Bitwise CRCL Option Income Strategy ETF (ICRC), Bitwise Ethereum Option Income Strategy ETF (IETH), Bitwise GME Option Income Strategy ETF (IGME), Bitwise MARA Option Income Strategy ETF (IMRA), and Bitwise MSTR Option Income Strategy ETF (IMST) (each a “Fund” and together the “Funds”) before investing. This and additional information can be found in each Fund’s full or summary prospectus, which may be obtained by visiting: for ICOI, icoietf.com; for ICRC, icrcetf.com; for IETH, iethetf.com; for IGME, igmeetf.com; for IMRA, imraetf.com; for IMST, imstetf.com. Investors should read it carefully before investing.

An investment in a Fund is not an investment in the underlying security. The Funds do not directly invest directly in shares of COIN, CRCL, GME, MARA, MSTR, or Ether ETPs. Fund shareholders are not entitled to any dividends from the underlying security.

A Fund’s strategy is subject to all potential losses if shares of the underlying security decrease in value, which may not be offset by income received by the Fund.

Covered Call Strategy Risk. A covered call strategy involves writing (selling) covered call options in return for the receipt of premiums. The seller of the option gives up the opportunity to benefit from price increases in the underlying instrument above the exercise price of the options but continues to bear the risk of underlying instrument price declines. The premiums received from the options may not be sufficient to offset any losses sustained from underlying instrument price declines over time.

The covered call strategy utilized by the Funds is “synthetic” because the Funds’ exposure to the price return of the underlying security is derived through options exposure, rather than direct holdings of the shares of the underlying security. Because such exposure is synthetic, it is possible that the Fund’s participation in the price return of the underlying security may not be as precise as if the Fund were directly holding shares of the underlying security.

Issuer-Specific Risks. Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. The value of an individual security or particular type of security may be more volatile than the market as a whole and may perform differently from the value of the market as a whole.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes.

Digital Assets Risk. Circle, Coinbase, GameStop Corp, MARA Holdings, and Strategy (each a “Company” and together the “Companies”) may have substantial holdings of bitcoin and other digital assets. Accordingly, it is subject to the risks associated with such holdings. Bitcoin is a relatively new innovation and the market for bitcoin is subject to rapid price swings, changes and uncertainty. Bitcoin is subject to the risk of fraud, theft, manipulation or security failures, operational or other problems that impact the digital asset trading venues on which bitcoin trades. The realization of any of these risks could result in a decline in the acceptance of bitcoin and consequently a reduction in the value of bitcoin and shares of the Companies.

Custody Risk. Security breaches, computer malware and computer hacking attacks have been a prevalent concern in relation to digital assets. The bitcoin held by the Companies will likely be an appealing target to hackers or malware distributors seeking to destroy, damage or steal bitcoins. To the extent that any Company is unable to identify and mitigate or stop new security threats or otherwise adapt to technological changes in the digital asset industry, that Company’s bitcoins may be subject to theft, loss, destruction or other attack.

Digital Asset Regulatory Risk. There is a lack of consensus regarding the regulation of digital assets, including bitcoin, and their markets. Ongoing and future regulatory actions with respect to digital assets generally or bitcoin in particular may alter, perhaps to a materially adverse extent, the nature of an investment in the shares of the underlying security or the ability of the Companies to continue to operate.

Concentration Risk. The Fund is susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund’s investments are concentrated in investments that provide exposure to the underlying securities and the industry to which they are assigned.

Derivatives Risk. The use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. Derivative prices are highly volatile and may fluctuate substantially during a short period of time. Trading derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities. The use of leverage may cause the Fund to liquidate portfolio positions when it would not be advantageous to do so in order to satisfy its obligations or to meet regulatory or contractual requirements for derivatives. The use of derivatives can magnify potential for gain or loss and, therefore, amplify the effects of market volatility on share price.

New Fund Risk. The Fund is a recently organized investment company with a limited operating history. As a result, prospective investors have a limited track record or history on which to base their investment decision.

Options Risk. The use of options involves investment strategies and risks different from those associated with ordinary portfolio securities transactions and depends on the ability of the Fund’s portfolio managers to forecast market movements correctly. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, or in interest or currency exchange rates, including the anticipated volatility, which in turn are affected by fiscal and monetary policies and by national and international political and economic events.

Nondiversification Risk. The Funds are nondiversified and may hold a smaller number of portfolio securities than many other products. To the extent any Fund invests in a relatively small number of issuers, a decline in the market value of a particular security held by the Fund may affect its value more than if it invested in a larger number of issuers.

Bitwise Funds Trust ETFs are distributed by Foreside Fund Services, LLC, which is not affiliated with Bitwise or any of its affiliates.

Media Contact
Tova Kaufmann
pr@bitwiseinvestments.com 

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SOURCE Bitwise Asset Management

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