State Street Galaxy Hedged Digital Asset Ecosystem ETF (HECO)

The State Street Galaxy Hedged Digital Asset Ecosystem ETF (HECO) is an actively managed fund offered by State Street Global Advisors in collaboration with Galaxy Asset Management.

The fund invests in companies tied to the digital asset ecosystem, which can include cryptocurrency miners, exchanges, blockchain infrastructure providers and firms holding digital assets, and may also gain exposure to cryptocurrencies through exchange-traded products. A hedging overlay, typically using options, is applied to help reduce the impact of large drawdowns.

Details of the hedging approach should be confirmed in the fund's prospectus.