The Index Snap BTC Treasury Index is a dynamic index specifically engineered as the first risk-adjusted performance tool for native crypto treasury management. It moves beyond passive holding to prioritize long-term solvency while maintaining the ability to capture upside in Bitcoin (BTC) markets. It utilizes a deleveraging mechanism to automatically reduce exposure to BTC and preserve capital during market declines. Conversely, it increases exposure allocation to BTC during rallies to maximize returns.