For this assignment, you don’t need to write anything on word document. Please work on the excel that I provide, and make it the same as it looks in the reference excel that I provide. All the works on excel are related with Derivatives and require knowledges on Finance and Economics. The excel named “HSI index arbitrage ETF” is the excel you need to work on, and the picture attached contains all the questions you need to work on, which can also be found in the excel. The excel named “Bitcoin ETF v2.0” is a reference and pretty much tells you how these datas are calculated. Please make the work look the same as the reference excel. Be aware that it also requires a diagram of ETF versus Benchmark in the work.