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$30 million is the commitment XOVR placed into Kalshi, per the fund's disclosure. The allocation was sourced through XOVR's proprietary VC Lens and moves the prediction markets exchange into the fund's holdings.
XOVR describes itself as the first ETF structured to deliver private equity exposure through a private-public crossover model.
The VC Lens process XOVR's VC Lens is the fund's internal mechanism for identifying and sizing private-market positions. It now joins SpaceX as a named private-side holding in the crossover portfolio.
No further breakdown of VC Lens criteria or candidate weighting appeared in the disclosure. The crossover mandate pairs private company exposure with public equity access inside a single ETF wrapper.
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