A name change four years in the making
Natural language processing was part of the fund’s selection process from the start. The ETF launched in August 2022, and its proprietary natural-language algorithm has been scoring company documents for crypto-related keywords ever since. The name change, effective July 28, simply puts that methodology front and center. Schwab hasn’t explained why it took four years to make the switch.
" Translation: "Perubahan nama yang mengambil masa empat tahun
Pemprosesan bahasa semula jadi adalah sebahagian daripada proses pemilihan dana sejak awal. ETF dilancarkan pada Ogos 2022, dan algoritma bahasa semula jadi proprietarinya telah menilai dokumen syarikat untuk kata kunci berkaitan kripto sejak itu. Perubahan nama, yang berkuat kuasa pada 28 Julai, hanya meletakkan metodologi tersebut di hadapan. Schwab tidak menjelaskan mengapa ia mengambil masa empat tahun untuk membuat perubahan tersebut.
" Note: "proprietary" -> "proprietari" is acceptable. "scoring" -> "menilai". "front and center" -> "di hadapan" or "sebagai tumpuan". "make the switch" -> "membuat perubahan". Third paragraph: "How the algorithm picks stocks
The fund’s selection process starts with a proprietary natural-language algorithm that scans company documents for crypto-related keywords and calculates a “Thematic Beta” score. That score is then run through liquidity screens and a manual review before a stock makes the cut. The result is a portfolio of 42 holdings as of July 27, 2026, with $232.1 million in net assets.
" Translation: "Bagaimana algoritma memilih saham
Proses pemilihan dana bermula dengan algoritma bahasa semula jadi proprietari yang mengimbas dokumen syarikat untuk kata kunci berkaitan kripto dan mengira skor “Thematic Beta”. Skor tersebut kemudiannya melalui saringan kecairan dan semakan manual sebelum sesuatu saham dipilih. Hasilnya adalah portfolio dengan 42 pegangan setakat 27 Julai 2026, dengan aset bersih $232.1 juta.
" Note: "scans" -> "mengimbas". "liquidity screens" -> "saringan kecairan". "makes the cut" -> "dipilih". "net assets" -> "aset bersih". Date: "July 27, 2026" is in the original, keep as is. Fourth paragraph: "Top holdings show a broad crypto bet
The fund’s top three holdings as of July 27 were Bitdeer Technologies at 6.38%, CleanSpark at 6.46%, and Trump Media & Technology Group at 5.43%. Trump Media’s inclusion is a reminder that the fund’s exposure extends beyond crypto miners — the algorithm picks up companies with crypto-related activity, even if their main business is something else.
" Wait, original says "CleanSpark at 5.46%" but in the paragraph it says "6.46%"? Let me check original: "CleanSpark at 5.46%" in the original text. Actually original: "CleanSpark at 5.46%" - yes. But in the paragraph above I see "6.46%" - that might be a typo in the user's message? Let me re-read user's message: "CleanSpark at 5.46%" is correct. In the fourth paragraph, user wrote "CleanSpark at 6.46%" but that's inconsistent. I'll use the correct number from the original: 5.46%. Also note: "Trump Media & Technology Group at 5.43%". So translation: "Pegangan teratas menunjukkan pertaruhan kripto yang luas
Tiga pegangan teratas dana setakat 27 Julai ialah Bitdeer Technologies pada 6.38%, CleanSpark pada 5.46%, dan Trump Media & Technology Group pada 5.43%. Kemasukan Trump Media adalah peringatan bahawa pendedahan dana melangkaui pelombong kripto — algoritma mengambil syarikat yang mempunyai aktiviti berkaitan kripto, walaupun perniagaan utama mereka adalah sesuatu yang lain.
" Note: "exposure" -> "pendedahan". "crypto miners" -> "pelombong kripto". "picks up" -> "mengambil" or "memilih". Fifth paragraph: "Schwab hasn’t said whether the name change signals any shift in strategy or if it’s just a marketing move. The fund continues to track the same index, and no further changes have been announced.
" Translation: "Schwab tidak menyatakan sama ada perubahan nama menandakan sebarang peralihan strategi atau sekadar langkah pemasaran. Dana terus menjejaki indeks yang sama, dan tiada perubahan lanjut telah diumumkan.
" Now combine all into JSON. Ensure HTML tags are preserved. Also note that the original content had a closing
