Specified Assets definition
Examples of Specified Assets in a sentence
A Trust will receive or claim rights to any Specified Assets created by a fork of the relevant Specified Asset’s network that are supported by the Specified Assets custodian and for which the Sponsor determines a suitable secondary market exists to sell such assets.
The Sponsor may also disagree with Shareholders, the Specified Assets custodian, other service providers, the Index Provider, cryptocurrency exchanges, or other market participants on what is generally accepted as the appropriate Specified Asset and therefore should be considered for the relevant Trust’s purposes, which may also adversely affect the value of Shares as a result.
A Trust intends to disclaim any Specified Assets airdropped to the relevant holders of such Specified Assets.