Hashdex Proposes Hybrid Bitcoin and Ethereum ETF for Diverse Crypto Exposure:

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Hashdex, a Brazilian crypto asset manager, has proposed a hybrid Bitcoin and Ethereum ETF, offering investors diversified exposure to the top cryptocurrencies. This innovative ETF aims to enhance investment opportunities in the dynamic crypto market.

Hashdex to Launch Hybrid ETF Combining Bitcoin and Ethereum for Enhanced Crypto Investment

According to U.Today, Hashdex, a Brazilian cryptocurrency asset manager, is poised to introduce a hybrid spot exchange-traded fund (ETF) that tracks the value of Ethereum and Bitcoin. This innovative investment opportunity holds the potential for significant returns, making it an intriguing prospect for those keen on the cryptocurrency market.

As detailed in the filing, the ETF's structure is a testament to Hashdex's unwavering commitment to providing a secure and transparent avenue for gaining investment exposure to Bitcoin and Ether through the public securities market. This commitment fosters a strong sense of security and confidence in potential investors, assuring them of the reliability of this investment opportunity.

Hashdex intends to concurrently utilize at least two custodians for the ETF: Coinbase and BitGo. The Hashdex Nasdaq Crypto Index US ETF will be capitalization-weighted, meaning that the weight of each asset in the portfolio is determined by its market capitalization. This structure ensures that the ETF's performance is closely aligned with the overall performance of the cryptocurrency market, with Bitcoin (BTC) comprising 70.54% of the portfolio. The weightings will be adjusted quarterly to account for fluctuations in market value.

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