{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The WisdomTree Blockchain UCITS ETF seeks to track the WisdomTree Blockchain UCITS Index by investing primarily in equity securities of companies involved in blockchain and cryptocurrency technologies. The fund employs a passive management approach using representative sampling and physical, fully replicated methods as confirmed by the factsheet. There is no mention of synthetic replication, swap agreements, total return swaps, or derivative instruments as part of the investment strategy. The fund may use repurchase/reverse repurchase agreements and stock lending solely for efficient portfolio management, which does not constitute inherent derivative use for investment purposes. There is no leverage or inverse exposure indicated. The underlying assets are equities, which are liquid and transparent, with no complex structured products or contingent bonds involved. The risk profile is high (SRRI 6 out of 7) due to the volatility and sector concentration in blockchain-related equities, not due to structural complexity or derivative usage. Costs are straightforward with a TER of 0.45%, no performance fees, and no swap or derivative fees. The PRIIPs KID does not include any comprehension warnings or complexity flags related to derivatives or leverage. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}