Core Insights - Hashdex Asset Management Ltd. and Nasdaq Global Indexes have expanded the Hashdex Nasdaq Crypto Index US ETF (NCIQ) to include additional crypto assets, now totaling five, which represent over $3 trillion in combined market capitalization [1][2]. Group 1: Product Expansion - The NCIQ ETF, launched in February 2025, now includes XRP, Solana, and Stellar alongside Bitcoin and Ether, providing U.S. investors with a diversified basket of digital assets [1][2]. - The ETF tracks the Nasdaq Crypto US Index (NCIUS), offering rules-based exposure and simplifying the investment process by eliminating the need to select individual cryptocurrencies [2][4]. Group 2: Market Leadership - Hashdex manages a multi-asset crypto ETP in Europe and a multi-asset crypto ETF in Latin America, with $1.56 billion in assets under management and four index products tied to the global Nasdaq Crypto Index [3]. - The company has been a market leader in crypto index products globally since 2018, indicating a significant milestone in addressing the needs of U.S. advisors and investors [3]. Group 3: Demand and Regulatory Environment - The expansion of NCIQ reflects increasing demand from U.S. investors for structured, index-based crypto exposure [4]. - Regulatory clarity and the approval of generic listing standards have facilitated the expansion and adaptation of NCIQ as new assets meet index requirements [5]. Group 4: Partnership and Administration - The ongoing collaboration between Hashdex and Nasdaq has led to the co-development of several index and index-based crypto products since 2021 [6]. - Nasdaq serves as the index administrator and listing venue for NCIQ, with Coinbase Custody and BitGo Trust providing crypto asset custody, while U.S. Bank Global Fund Services acts as fund administrator [6]. Group 5: Industry Trends - As the crypto asset class matures, diversified index products like NCIQ are emerging as benchmarks for both institutional and retail allocation [7].

Core Insights - Hashdex and Nasdaq Global Indexes have expanded their partnership to enhance the Hashdex Nasdaq Crypto Index US ETF (NCIQ), the first multi-asset spot crypto ETP in the United States, which now includes Bitcoin, Ether, XRP, Solana, and Stellar, representing over $3 trillion in combined market capitalization [1][2][18] Company Overview - Hashdex is a leading global crypto asset manager, recognized for its innovation in crypto index products, having launched the world's first crypto index ETF in 2021 and managing the largest multi-asset crypto ETP in Europe and Latin America [2][4][8] - The firm has approximately $1.56 billion in assets under management (AUM) as of September 17, 2025 [4][19] Product Details - The NCIQ provides U.S. investors with access to five major crypto assets through a single tradable product, simplifying the investment process and reducing costs [2][3] - The NCIQ tracks the Nasdaq Crypto US™ Index (NCIUS), which is designed to reflect a significant portion of the overall crypto asset market based on strict criteria such as liquidity and market capitalization [3][4] Market Context - The expansion of NCIQ is seen as a significant milestone in the U.S. crypto index market, catering to the growing interest among U.S. investors in adding crypto assets to their portfolios [3][4] - The product is positioned to adapt over time as new assets meet the index's and listing requirements, reflecting the evolving nature of the crypto ecosystem [3][4]