Search results for NCIQ
Crypto
Hyperliquid\'s HYPE token added to Nasdaq CME crypto index with 3.36 percent weight
Hyperliquid\'s HYPE token has been newly included in the Nasdaq CME Crypto Index, following a quarterly rebalancing after a prospectus supplement for the Hashdex Nasdaq CME Crypto Index ETF was filed with the U.S. Securities and Exchange Commission. Bitcoin and ether kept the largest weights at 74.36 percent and 11.88 percent. HYPE entered at 3.36 percent, close to Solana\'s 3.79 percent, while XRP held third place at 5.21 percent.
Crypto
Hashdex \'DEFI\' heads for liquidation as smaller bitcoin ETFs struggle to gain ground
Asset manager Hashdex has started liquidation procedures for its bitcoin spot exchange-traded fund, DEFI. The fund ended trading on NYSE Arca on Aug. 17 and stopped accepting new trade orders the same day. Hashdex plans to sell remaining bitcoin, wind down operations and return residual assets to investors in cash based on net asset value. The move comes as overall bitcoin spot ETF inflows continue, led by BlackRock’s IBIT.
Crypto
Hashdex ETF introduces staking rewards, investors paid only above threshold
Asset manager Hashdex has introduced a staking structure for the Nasdaq CME Crypto Index ETF, NCIQ, under which the firm keeps all net staking income up to a threshold. Investors in the fund’s common shares receive a share only once annual net staking income exceeds a dollar amount equal to 0.25 percent of common-share net asset value. Above that level, income is split 40 percent to Hashdex and 60 percent to the trust for common shareholders.
