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 way of a single ETF.
Hashdex and Nasdaq World Indexes have launched the Hashdex Nasdaq Crypto Index US ETF (NCIQ), permitting U.S. buyers to achieve publicity to each Bitcoin (BTC) and Ethereum (ETH) by way 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 presently contains solely Bitcoin and Ethereum, chosen based mostly on liquidity, market capitalization, and regulatory compliance. The ETF’s administration charge is about at 0.25% by way of 2025, growing 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 among 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,” stated 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 World 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 complete belongings within the sector now surpassing $120 billion.
Nasdaq World Indexes and Hashdex share a mission of advancing crypto asset indexes and monetary automobiles to satisfy the ever-growing demand from buyers in search of entry to the quickly evolving crypto sector, stated Cameron Lilja, Vice President of Nasdaq World Indexes.
Increasing Crypto Market Entry
Hashdex’s international crypto merchandise now exceed $1.3 billion in belongings beneath administration, reinforcing its place as a frontrunner in regulated crypto funding options.
Traders in search of diversified Bitcoin and Ethereum publicity can now commerce NCIQ straight on Nasdaq.