Hashdex Crypto ETF Files Pre-Effective Amendment

Ticker: NCIQ · Form: S-1/A · Filed: Feb 10, 2025 · CIK: 2031069

Hashdex Nasdaq Crypto Index Us Etf S-1/A Filing Summary
FieldDetail
CompanyHashdex Nasdaq Crypto Index Us Etf (NCIQ)
Form TypeS-1/A
Filed DateFeb 10, 2025
Risk Levelmedium
Pages14
Reading Time17 min
Key Dollar Amounts$1,989.11, $25.00, $250,000, $1,000,000
Sentimentneutral

Sentiment: neutral

Topics: ETF, cryptocurrency, filing, amendment

TL;DR

Hashdex crypto ETF is one step closer to launch, filing amendment #5.

AI Summary

Hashdex Nasdaq Crypto Index US ETF filed a Pre-Effective Amendment No. 5 to its Form S-1 Registration Statement on February 10, 2025. This filing, with Registration No. 333-280990, relates to the Hashdex Nasdaq Crypto Index US ETF, sponsored by Hashdex Asset Management Ltd. The ETF is incorporated in Delaware and its business and mailing address are in Rio de Janeiro, Brazil.

Why It Matters

This amendment indicates progress in the registration process for the Hashdex Nasdaq Crypto Index US ETF, potentially paving the way for its launch and offering investors exposure to a crypto index.

Risk Assessment

Risk Level: medium — The filing is an amendment to a registration statement for a crypto ETF, which inherently carries risks associated with cryptocurrency market volatility and regulatory uncertainty.

Key Numbers

Key Players & Entities

FAQ

What is the purpose of this S-1/A filing?

This is a Pre-Effective Amendment No. 5 to the Form S-1 Registration Statement for the Hashdex Nasdaq Crypto Index US ETF, indicating updates or revisions to the initial filing.

Who is sponsoring the Hashdex Nasdaq Crypto Index US ETF?

The ETF is sponsored by Hashdex Asset Management Ltd., as stated in the filing.

When was this amendment filed?

This amendment was filed with the SEC on February 10, 2025.

In which state is the Hashdex Nasdaq Crypto Index US ETF incorporated?

The ETF is incorporated in Delaware.

What is the business address provided for the registrant?

The business address provided is in Rio de Janeiro, Brazil.

Filing Stats: 4,332 words · 17 min read · ~14 pages · Grade level 14.5 · Accepted 2025-02-10 06:21:41

Key Financial Figures

Filing Documents

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

View on Read The Filing