BLACKROCK ETF TRUST

About

The BlackRock ETF Trust DYNF, or the iPath US Treasury Steepener ETN, is designed to track the performance of the steepening of the U.S. Treasury yield curve. This exchange-traded note utilizes a combination of futures contracts to gain exposure to the spread between long-term and short-term U.S. Treasury interest rates. Its investment focus is to benefit from a widening gap between 2-year and 10-year Treasury yields, reflecting a market environment where long-term rates rise faster than short-term rates.