EURSPKCC: Spiko Cash & Carry Fund Token

EURSPKCC is the symbol for the euro share class of the Spiko Digital Assets Cash & Carry Fund. It is a token associated with a fund, rather than a standalone cryptocurrency used to secure a blockchain or pay network fees. The fund describes its approach as systematic: each month, it allocates to whichever of two strategies offers the higher net return under its rules—a cash-and-carry trade using CME crypto futures or short-duration U.S. Treasury bills. The strategy is designed to seek market-neutral returns, but that aim is not a guarantee of profit or of stable value. The token gives holders exposure to the fund’s performance, subject to the fund’s terms and the rights attached to this share class. Public sources do not specify eligibility requirements, redemption arrangements, fees, or whether every token holder can access the fund directly. Check the offering documents and issuer information for those details before relying on the token as an investment or cash equivalent.

The fund’s stated strategy switches between two sources of potential return. In a cash-and-carry trade, a fund may hold crypto while taking an offsetting futures position, seeking to capture a difference between spot and futures prices. EURSPKCC’s description says the fund uses CME futures and compares that opportunity with short-duration U.S. Treasury bills, choosing monthly based on net return. This does not mean the fund is always invested in crypto futures, nor does “market-neutral” mean risk-free. Futures prices, trading costs, collateral, counterparties, and the fund’s implementation can all affect results. Treasury bills also carry risks, including changes in their market value and the possibility that returns differ from expectations. Fund performance can vary, and past or targeted returns do not establish future results. Public sources do not provide a target yield, a guaranteed return, or a full breakdown of the index and its calculation, so these should be checked in the fund’s own documents.

As of 2026-11-05, the reported price was about $1.12 and the market capitalization was about $31.0 million. Circulating and total supply were both about 27.6 million EURSPKCC; no maximum supply was specified. These figures can change and do not establish what a holder can redeem each token for. A token’s quoted market price may differ from the value or redemption price of the fund share, and trading availability can vary by platform and chain. EURSPKCC is listed as issued on Ethereum, Arbitrum, Starknet, Polygon, and Base. It is not identified as the native token of any of those networks. Before receiving or transferring it, confirm the supported network and token contract with the fund or service you use. Sending tokens to an address on an unsupported chain, or using the wrong contract, may result in loss of access or funds.

EURSPKCC carries risks associated with both an investment fund and blockchain tokens. The cash-and-carry strategy can be affected by futures basis changes, market liquidity, execution, financing, collateral, and counterparty or clearing arrangements. The Treasury-bill allocation is not free of risk either, and the strategy’s monthly allocation decisions may not produce the return sought. Token holders also face smart-contract, wallet, bridge, network, and custody risks; transactions may be difficult or impossible to reverse. Public sources do not establish a guarantee of principal, a particular redemption process, or deposit insurance. Store EURSPKCC only in a wallet that supports the correct network and token contract, and protect the recovery phrase offline. For larger holdings, consider the risks of self-custody against those of a custodial provider, and verify that the provider supports this specific fund share class. Review current fund documents and applicable local rules before acquiring or holding it.