Hashdex Nasdaq CME Crypto Index ETF Reports Growth in Net Assets and Investment Strategy Changes

Hashdex Nasdaq CME Crypto Index ETF reported significant financial developments in its latest 10-Q filing for the quarter ending June 30, 2026. The Trust's total net assets increased to $190.1 million, up from $121.3 million at the end of the previous fiscal year. This growth was primarily driven by substantial capital inflows, with 7.35 million shares issued during the quarter, compared to 340,000 shares in the same period last year. However, the Trust experienced a net investment loss of $23.9 million for the quarter, contrasting sharply with a net gain of $27.9 million in the same quarter of 2025.

The Trust's investment strategy underwent a notable transition on January 20, 2026, when it changed its reference index from the Nasdaq Crypto US Settlement Price Index to the Nasdaq CME Crypto Settlement Price Index. This strategic shift aims to enhance the Trust's alignment with the evolving crypto market. Additionally, the management fee was reduced from 0.50% to 0.25% per annum, effective March 16, 2026, which is expected to lower operational costs and potentially improve net returns for investors.

Operationally, the Trust's assets as of June 30, 2026, included a diverse portfolio of crypto assets, with Bitcoin representing 78.57% of total net assets, followed by Ether at 10.96% and XRP at 5.48%. The total fair value of crypto assets held by the Trust was reported at $189.9 million, a significant increase from $121.2 million at the end of 2025. The Trust's average daily total net assets for the quarter were approximately $123.9 million, reflecting increased investor interest and engagement in the crypto asset market.

The filing also highlighted the Trust's plans to commence staking activities, which were authorized under a new agreement with the Sponsor. This initiative is expected to generate additional income for the Trust, enhancing its overall financial performance. The Trust anticipates that staking will be conducted through Coinbase Cloud Pte. Ltd., with the potential to provide a new revenue stream for shareholders.

Looking ahead, the Trust's management remains cautiously optimistic about future performance, emphasizing the importance of market conditions and regulatory developments in the crypto space. The Trust's investment strategy will continue to focus on tracking the performance of its new index while managing operational expenses effectively. The management team is committed to navigating the complexities of the crypto market to deliver value to its investors.