Hashdex Crypto ETF Files S-1/A Amendment

TL;DR

Hashdex crypto ETF is moving forward, filed S-1/A on Jan 30, 2025. Get ready.

AI Summary

Hashdex Nasdaq Crypto Index US ETF filed an S-1/A amendment on January 30, 2025, for its registration statement. The ETF, sponsored by Hashdex Asset Management Ltd., is incorporated in Delaware and aims to track the Hashdex Nasdaq Crypto Index. The filing details its business address in Rio de Janeiro, Brazil, and its agent for service in Wilmington, Delaware.

Why It Matters

This filing indicates progress in the regulatory process for the Hashdex Nasdaq Crypto Index US ETF, potentially paving the way for its launch and offering investors a new way to gain exposure to the cryptocurrency market through a regulated product.

Risk Assessment

Risk Level: medium — The cryptocurrency market is inherently volatile, and ETFs tracking crypto indices carry risks associated with underlying digital assets, regulatory changes, and market sentiment.

Key Numbers

• 333-280990 — SEC File Number (Identifies this specific registration filing)
• 20 — Public Document Count (Indicates the volume of documents associated with this filing)

Key Players & Entities

• Hashdex Nasdaq Crypto Index US ETF (company) — Registrant
• Hashdex Asset Management Ltd. (company) — Sponsor
• January 30, 2025 (date) — Filing Date
• 333-280990 (dollar_amount) — SEC File Number
• CSC Delaware Trust Company (company) — Agent for Service
• U.S. Bancorp Fund Services, LLC (company) — Administrator

FAQ

Key Financial Figures

• $1,989.11 — Index (NCIUSS) on January 6, 2025, was $1,989.11. A block of 10,000 Shares is ca
• $25.00 — 10,000 Shares at a per -Share price of $25.00. Total proceeds to the Trust from the s
• $250,000 — these Audit Seed Creation Baskets were $250,000. Delivery of the Audit Seed Creation Ba

Filing Documents

• ea0209567-07.htm (S-1/A) — 1864KB
• ea020956707ex3-1_hashdex.htm (EX-3.1) — 483KB
• ea020956707ex5-1_hashdex.htm (EX-5.1) — 10KB
• ea020956707ex10-4_hashdex.htm (EX-10.4) — 230KB
• ea020956707ex10-5_hashdex.htm (EX-10.5) — 138KB
• ea020956707ex10-6_hashdex.htm (EX-10.6) — 147KB
• ea020956707ex10-7_hashdex.htm (EX-10.7) — 138KB
• ea020956707ex10-8_hashdex.htm (EX-10.8) — 224KB
• ea020956707ex10-11_hashdex.htm (EX-10.11) — 300KB
• ea020956707ex10-12_hashdex.htm (EX-10.12) — 114KB
• ea020956707ex10-13_hashdex.htm (EX-10.13) — 13KB
• ea020956707ex23-1_hashdex.htm (EX-23.1) — 2KB
• ex5-1_001.jpg (GRAPHIC) — 3KB
• timage_001.jpg (GRAPHIC) — 38KB
• timage_002.jpg (GRAPHIC) — 48KB
• timage_003.jpg (GRAPHIC) — 67KB
• timage_004.jpg (GRAPHIC) — 53KB
• timage_006.jpg (GRAPHIC) — 4KB
• timage_007.jpg (GRAPHIC) — 4KB
• timage_005.jpg (GRAPHIC) — 14KB
• 0001213900-25-008408.txt ( ) — 3983KB

RISK FACTORS

RISK FACTORS   9

USE OF PROCEEDS

USE OF PROCEEDS   53 OVERVIEW OF THE INDEX CONSTITUENTS’ INDUSTRY   54 Bitcoin   54 Ethereum   58 BUSINESS OF THE TRUST   65 Trust Objective   65 The Trust’s Benchmark   66 Custody of Crypto Assets   72 Calculating NAV   77 Secondary Market Transactions   78 CREATION AND REDEMPTION OF SHARES   80 Issuance of Baskets   81 Redemption of Baskets   83 ADDITIONAL INFORMATION ABOUT THE TRUST   86 The Trust   86 The Trust’s Fees and Expenses   86 Termination of the Trust   87 Amendments   91 Litigation and Claims   91 THE SECURITIES DEPOSITORY; BOOK-ENTRY-ONLY SYSTEM; GLOBAL SECURITY   92 THE TRUST’S SERVICE PROVIDERS   93 Sponsor   93 Administrator   94 Trustee   95 Cash Custodian, Transfer Agent, Accounting Agent   95 Crypto Custodians   97 Marketing Agent   97 Compliance Services   98 AML/KYC   98 Other Non-Contractual Payments by the Trust   99 U.S. FEDERAL INCOME TAX CONSEQUENCES   100 PLAN OF DISTRIBUTION   111 ERISA AND RELATED CONSIDERATIONS   113 CONFLICTS OF INTEREST   114 FISCAL YEAR   116 PROVISIONS OF LAW   117 BOOKS AND RECORDS   118 i Table of Contents   Page   119 GOVERNING LAW; CONSENT TO DELAWARE JURISDICTION   120 LEGAL MATTERS   121 EXPERTS   122 INTELLECTUAL PROPERTY   123 PRIVACY POLICY   124 WHERE YOU CAN FIND MORE INFORMATION   125 GLOSSARY   126

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS   F-1 This prospectus contains information you should consider when making an investment decision about the Shares of the Trust. You may rely on the information contained in this prospectus. The Trust and the Sponsor have not authorized any person to provide you with different information, and if anyone provides you with different or inconsistent information, you should not rely on it. This prospectus is not an offer to sell the Shares in any jurisdiction where the offer or sale of the Shares is not permitted. The Shares of the Trust are not registered for public sale in any jurisdiction other than the United States. Until 25 calendar days after the date of this prospectus, all dealers effecting transactions in the Shares, whether or not participating in this offering, may be required to deliver a prospectus. This requirement is in addition to the dealer’s obligations to deliver a prospectus when acting as underwriters and with respect to unsold allotments or subscriptions. ii Table of Contents This prospectus includes statements which relate to future events or future performance. In some cases, you can identify such forward -looking statements by terminology such as “may,” “will,” “should,” “could,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or the negative of these terms or other comparable terminology. All statements (other than statements of historical fact) included in this prospectus that address activities, events or developments that may occur in the future, including such matters as changes in crypto asset markets and indexes that track such movements, the Trust’s operations, the Sponsor’s plans and references to the Trust&#x2

View Full Filing

View this S-1/A filing on SEC EDGAR