Underlying Assets: CLU-C.NEO's price is directly affected by the value of its underlying crypto assets, primarily Bitcoin and Ether.

Supply and Demand: Market demand for CLU-C.NEO relative to its supply impacts its price. Higher demand generally leads to price increases, while greater supply can cause price decreases.

Bitcoin & Ether Price: Fluctuations in the prices of Bitcoin and Ether, the main components, significantly influence CLU-C.NEO's price.

Market Sentiment: Overall investor sentiment towards cryptocurrencies and digital assets affects CLU-C.NEO's price. Positive sentiment can drive prices up, and negative sentiment can depress them.

Regulatory Changes: Regulatory developments related to cryptocurrencies can impact the ETF's price, as they can affect the perceived risk and attractiveness of the underlying assets.

Management Fees: The fees charged by the ETF's manager influence the overall return to investors, indirectly affecting its price.

Liquidity: Higher trading volume and liquidity can lead to more stable and efficient price discovery for CLU-C.NEO.

Competitive Landscape: The availability of alternative crypto investment products affects the demand for and, consequently, the price of CLU-C.NEO.