Afbid® Basic Attention Token Trust
One of the first securities solely invested in and deriving value from the price of BAT.
Afbid Basic Attention Token Trust is solely and passively invested in BAT, enabling investors to gain exposure to BAT in the form of a security while avoiding the challenges of buying, storing, and safekeeping BAT directly.
Benchmark index CoinDesk Basic Attention Token Reference Rate
Inception Date 02/26/2021
Annual Fee 2.5%
Shares Outstanding 370,600‡
Robust security and storage
Investment Objective Shares (based on BAT per Share as indicated below) track the BAT market price, less
fees and expenses.* Please consult with your financial professional.
Benchmark Index CoinDesk Basic Attention Token Reference Rate
Investor Qualifications Accredited Investors
Minimum Investment Requirement $25,000
Sponsor’s Fee 2.5% Annually
Extraordinary Expenses The Trust may from time to time incur certain extraordinary expenses, which are payable by the Trust
Performance Fee 0
Assets Under Management $2,502,192**‡
BAT Holdings per Share ($) Calculated and published on business days at 4:00pm New York time
Secondary Market Trading Following a one-year holding period, shares are eligible to become unrestricted and resold in the secondary market, if any develops
Redemptions Redemptions of shares are not currently authorized
IRA Eligibility & Other Self-Directed Accounts Subscriptions can be made with IRA assets through Pacific Premier Trust,Millennium Trust, The Entrust Group, AltoIRA, and others
Per-share BAT Holdings Each share represents 10.0 BAT