cryptoasset exchange traded note

a debt security:

(a) which is traded on a trading venue or a market operated by a ROIE;

(b) which features no periodic coupon payments; and

(c) whose return tracks the performance of an unregulated transferable cryptoasset, minus applicable fees, whether featuring delta 1, inverse or leveraged exposure or other exposure to the unregulated transferable cryptoasset being tracked.