Hashdex and Nasdaq have launched the Hashdex Nasdaq Crypto Index US ETF (NCIQ), offering U.S. buyers with regulated entry to Bitcoin and Ethereum by means of a single ETF.
Hashdex and Nasdaq International Indexes have launched the Hashdex Nasdaq Crypto Index US ETF (NCIQ), permitting U.S. buyers to realize publicity to each Bitcoin (BTC) and Ethereum (ETH) by means of a single exchange-traded fund (ETF).
First U.S. Multi-Asset (Hashdex and Nasdaq) Crypto ETF
The ETF, buying and selling beneath the ticker NCIQ on Nasdaq, tracks the Nasdaq Crypto US Index (NCIUS). This index at the moment contains solely Bitcoin and Ethereum, chosen primarily based on liquidity, market capitalization, and regulatory compliance. The ETF’s administration payment is about at 0.25% by means of 2025, rising to 0.50% afterward.
Institutional-Grade Crypto Funding
NCIQ is the primary U.S.-listed multi-asset crypto ETF, offering buyers with publicity to identify holdings of Bitcoin and Ethereum. Hashdex, which already manages a few of the largest crypto ETFs in Europe and Latin America, goals to simplify crypto investing for U.S. buyers.
“Now, with the launch of NCIQ, we’re proud to ship a well-recognized and readily tradable U.S.-based product that gives seamless publicity to Bitcoin and Ether,” mentioned Marcelo Sampaio, CEO of Hashdex.
Safety and Oversight
The ETF’s belongings are held by Coinbase Custody and BitGo Belief, whereas U.S. Financial institution International Fund Companies manages administration. Nasdaq handles index calculation and itemizing. The fund’s launch comes amid rising U.S. demand for regulated crypto funding merchandise, with whole belongings within the sector now surpassing $120 billion.
Nasdaq International Indexes and Hashdex share a mission of advancing crypto asset indexes and monetary autos to satisfy the ever-growing demand from buyers searching for entry to the quickly evolving crypto sector, mentioned Cameron Lilja, Vice President of Nasdaq International Indexes.
Increasing Crypto Market Entry
Hashdex’s world crypto merchandise now exceed $1.3 billion in belongings beneath administration, reinforcing its place as a frontrunner in regulated crypto funding options.
Traders searching for diversified Bitcoin and Ethereum publicity can now commerce NCIQ instantly on Nasdaq.
