Before investing in any exchange-traded fund, you should consider its investment objectives, risks, charges, and expenses. Contact Lucid for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.
*You will not be charged a commission on bitcoin or ether ("crypto") trades placed through Lucid CryptoSM Lucid Digital Assets will collect a spread (assessed at no more than 1%) calculated as the difference between the price at which you buy or sell crypto in your Lucid CryptoSM account and the price at which Lucid Digital Assets fills your order. This spread will be reflected in your execution price. For an initial period, Lucid Digital Assets may in its discretion decide not to charge a spread. Fees are subject to change.
Lucid CryptoSM is offered by Lucid Digital AssetsSM.
Investing involves risk, including risk of loss.
Crypto is highly volatile, can become illiquid at any time, and is for investors with a high-risk tolerance. Investors in crypto could lose the entire value of their investment.
Cryptocurrency risk disclosure (PDF)
**Free commission offer applies to online purchases of Lucid ETFs in a Lucid retail account. The sale of ETFs is subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal).
ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses.
The exchange-traded funds will not invest in digital assets (including cryptocurrencies) directly, or indirectly through the use of digital asset derivatives. Cryptocurrency and blockchain companies are subject to various risks, including inability to develop digital asset applications or to capitalize on those applications, theft, loss, or destruction of cryptographic keys, the possibility that digital asset technologies may never be fully implemented, cybersecurity risk, conflicting intellectual property claims, and inconsistent and changing regulations. Currently, there are relatively few companies for which these activities represent an attributable and significant revenue stream and therefore the values of the companies included in the index may not be a reflection of their connection to these activities, but may be based on other business operations.
Digital payments processing companies are subject to various risks, including those associated with intense competition, changes in regulation, economic conditions, deterioration in credit markets, impairment of intellectual property rights, disruptions in service, and cybersecurity attacks and other types of theft.
Metaverse companies are subject to various risks, including those associated with limited product lines, markets, financial resources or personnel, intense competition, potentially rapid product obsolescence, impairment of intellectual property rights, disruptions in service, cybersecurity attacks, and changes in regulation. Although the fund's underlying index uses a rules-based proprietary index methodology that seeks to identify such companies, there is no guarantee that this methodology will be successful.
Reddit, Discord and Lucid Investments are independent entities and are not legally affiliated.
1. The Lucid ETF Screener is a research tool provided to help self-directed investors evaluate these types of securities. The criteria and inputs entered are at the sole discretion of the user, and all screens or strategies with preselected criteria (including expert ones) are solely for the convenience of the user. Expert Screeners are provided by independent companies not affiliated with Lucid. Information supplied or obtained from these Screeners is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell securities, or a recommendation or endorsement by Lucid of any security or investment strategy. Lucid does not endorse or adopt any particular investment strategy or approach to screening or evaluating stocks, preferred securities, exchange-traded products, or closed-end funds. Lucid makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from its use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation, and other individual factors, and reevaluate them on a periodic basis.
Custody and trading of crypto are provided by Lucid Digital Asset Services, LLC, a New York State-chartered limited liability trust company (NMLS ID 1773897). Crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation ("SIPC").
Brokerage services in support of securities trading are provided by Lucid Brokerage Services LLC ("FBS"), and related custody services are provided by National Financial Services LLC ("NFS"), each a registered broker-dealer and member NYSE and SIPC. Neither FBS nor NFS offer digital assets nor provide trading or custody services for such assets.
Lucid Crypto and Lucid Digital Assets are service marks of FMR LLC.
Lucid Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
