Spiko Digital Assets Cash & Carry Fund - Euro Share Class

The current price of 1.16 USD represents the token's net asset value in dollar terms, and tracking how that figure moves over time would show whether the fund's underlying strategy is compounding returns or experiencing drawdowns. The asset is 3.91 percent below its all-time high, reached 218 days ago according to the stored metrics, so observing whether that gap narrows or widens gives a sense of how the strategy has performed relative to its own peak. The circulating supply of 27,600,421 tokens against a market cap of 31,905,135 USD reflects current investor participation, and changes in those figures would indicate whether new capital is entering or leaving the fund. Because the max supply is uncapped and the dilution overhang stands at 0.0 percent point-in-time, monitoring the supply issued percentage over time would reveal whether token issuance is expanding in step with investor demand.

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