LISTED FUND TRUST HORIZON KINETICS BLOCKCHAIN DEVELOPMENT

The Horizon Kinetics Blockchain Development ETF is an actively managed ETF that seeks long-term growth of capital. It seeks to achieve its investment objective by investing primarily in equity securities that will benefit, either directly or indirectly, from the facilitation, custody, trading and administration of digital assets, including cryptocurrencies. The Fund focuses on the application of the blockchain technology that typically supports digital assets, and is not designed to be dependent upon the success of any individual cryptocurrency or protocol.