USCC
Superstate Crypto Carry Fund
Historical data
Networks
This fund can be held on select networks or as a book-entry shares
About USCC
The Superstate Crypto Carry Fund (the "Fund") offers Qualified Purchasers access to crypto basis (differential between the spot and future price) strategies. The Fund optimizes the yield and risk of crypto cash-and-carry trades across the Bitcoin basis, Ether basis (including staking Ether), Sol basis (including staking Sol), and U.S. Treasury securities. Ownership in the Fund is recognized by USCC, held either as a token or in book-entry record keeping. Subscriptions and redemptions are facilitated through USD or USDC, with liquidity each market day.
Documentation | Read more → |
Custodian | Anchorage Digital |
Auditor | Ernst & Young LLP |
NAV calculation agent | NAV Fund Services |
Investment manager | Superstate Inc. |
Domicile | United States |
Structure | The Fund is a series of a Delaware Statutory Trust |
Eligible investors | Qualified Purchasers in supported jurisdictions |
Holdings
4As of 01/06/2026
Asset | Quantity | Implied Yield | Notional Value | Portfolio % |
|---|---|---|---|---|
| USD (Collateral) | 161,402,913.00 | 1.50% | $161,402,912.78 | 32.21% |
| USTB | 6,912,214.81 | 3.65% | $75,684,390.53 | 15.11% |
| Bitcoin (Custody) | 70.50 | 0.00% | $6,517,926.00 | 1.30% |
| Bitcoin (Collateral) | 30.00 | 0.00% | $2,773,426.00 | 0.55% |
| Ether (Custody) | 1,407.98 | 0.00% | $4,561,460.24 | 0.91% |
| Ether (Collateral) | 0.00 | 0.00% | $0.00 | 0.00% |
| Solana (Custody) | 60,425.90 | 0.00% | $8,391,344.46 | 1.67% |
| Solana (Collateral) | 28,500.00 | 0.00% | $3,957,795.00 | 0.79% |
| Solana (Staked) | 1,155,548.31 | 6.23% | $160,470,994.02 | 32.03% |
| EtherFi Wrapped eETH (weETH) | 5,988.73 | 2.56% | $21,058,116.76 | 4.20% |
| Ripple (Custody) | 24,920,000.00 | 0.00% | $56,224,504.00 | 11.22% |
| JitoSOL (Custody) | 4.02 | 5.93% | $700.52 | 0.00% |
| ETH Future JAN26 (CME) | -7,850.00 | 7.12% | -$25,547,825.00 | -5.10% |
| SOL Future JAN26 (CME) | -1,165,000.00 | 4.27% | -$162,226,250.00 | -32.38% |
| XRP Future JAN26 (CME) | -24,600,000.00 | 12.30% | -$55,940,400.00 | -11.16% |
| SOL Forward JAN25 (FalconX) | -72,000.00 | 3.69% | -$10,022,296.00 | -2.00% |
| BTC Forward JAN25 (FalconX) | -100.00 | 5.78% | -$9,279,000.00 | -1.85% |
| Portfolio | 6.31% |
Disclaimers
The Superstate Crypto Carry Fund ("USCC") is limited to investors that meet certain criteria. This Website shall not constitute an offer to sell or an offer to buy, which may be made only at the time a qualified offeree receives the USCC offering materials, which will describe the offering and its terms. For more important disclaimers, please visit superstate.com/terms#disclaimers.
1 30 Day Yield is reflective of the accrued net income from USCC's underlying holdings over the past thirty days divided by the average outstanding shares for that same period, divided by the last calculated NAV of USCC, and then annualized. This 30 Day Yield calculation is inclusive of fees and expenses. The return of USCC's underlying holdings are variable and will vary.
2 The management fee and other expenses that will be incurred by investing in USCC will accrue daily. The management fee is payable monthly in arrears, and is equal to an annual rate of 0.75% of USCC's average daily Net Asset Value. USCC is not subject to a performance-based fee or allocation.
3 Redemption in USDC is done through Circle, a third party. Daily liquidity facilitated through USDC is subject to risks and restrictions as outlined within USTB's Fund Documents.
4 Portfolio holdings are shown as of the date indicated and are unaudited. As provided: Quantity is the number of the corresponding asset (shares, contracts, etc.); Implied Yield is the annualized yield of the respective holdings if held until maturity, or otherwise not sold; Notional Value is the Quantity multiplied by the Asset's last provided price; Portfolio % is the percentage that each Asset's Notional Value comprises of the overall USCC Assets. As detailed within the Fund Documents, it is within the Investment Manager's discretion on whether to buy, hold, or sell an asset and portfolio holdings will change. The provided data is not indicative of future portfolio composition and is not intended to, and does not constitute, a recommendation that others buy, sell or hold any of the assets listed.
Invest in USCC
Sign up for a Superstate account to access tokenized shares of the Superstate Crypto Carry Fund. Once your account is approved, you can add your wallet to the allowlist to hold, trade, and use USCC onchain.