ChainCatcher news, tokenized asset management company Superstate has launched a new tokenized fund that will generate returns based on a "cash and carry" investment strategy.The USCC token is an ERC-20 token on the Ethereum blockchain that creates returns for holders by purchasing spot Bitcoin and Ethereum, while taking equal-sized short positions or sell operations in BTC and ETH futures. This trading strategy provides a market-neutral position that allows profit from the market without any directional bets on price movements. For example, some hedge funds implement this strategy by purchasing shares of spot Bitcoin ETFs and selling Bitcoin derivatives on the Chicago Mercantile Exchange (CME). Integrating investment strategies like arbitrage trading into digital tokens is a new form of the hot tokenization trend in the cryptocurrency space, placing traditional investments such as bonds, funds, and credit onto the blockchain.Superstate sells futures with specific expiration dates to provide more predictable returns and distributes profits to all token holders. To execute the fund's futures trades, Superstate collaborates with major brokerage firms, while the spot assets are custodied by its partner Anchorage Digital.