Hashdex Nasdaq Crypto Index US ETF Reports First Fiscal Year Financial Performance

Hashdex Nasdaq Crypto Index US ETF has reported its financial performance for the period ending June 30, 2025, marking its first fiscal year of operations. The Trust's total assets amounted to $125.6 million, primarily driven by investments in crypto assets, which were valued at $125.6 million as of the reporting date. The net asset value (NAV) per share was recorded at $27.37, with a total of 4,590,000 shares issued and outstanding. The Trust's net assets increased significantly from $88.7 million at the beginning of the period, reflecting a total increase of $36.9 million during the three months ended June 30, 2025.

In terms of operational performance, the Trust reported a net investment loss of $67,403 for the three months ended June 30, 2025, and a net increase in net assets resulting from operations of $27.9 million. This increase was primarily attributed to a net change in unrealized appreciation of $27.9 million, offset by a net realized loss of $2,687. The Trust's expenses for the period totaled $134,806, which included management fees of $134,806, with a waiver of $67,403 applied. The management fee is set at 0.50% per annum of the daily NAV, temporarily reduced to 0.25% through December 31, 2025.

The Trust's investment strategy focuses on holding two primary crypto assets: Bitcoin and Ether. As of June 30, 2025, Bitcoin constituted approximately 88.1% of the Trust's net assets, valued at $110.7 million, while Ether accounted for 11.8%, valued at $14.9 million. The Trust's holdings in Bitcoin and Ether increased during the reporting period, with Bitcoin holdings rising to 1,028.79 units and Ether holdings to 5,924.55 units. The Trust's management has indicated that it will continue to align its investment strategy with the Nasdaq Crypto US Settlement Price Index, which is designed to reflect the performance of a significant portion of the overall crypto asset market.

Looking ahead, the Trust's management remains optimistic about the potential for growth in the crypto asset market, although it acknowledges the inherent risks associated with such investments. The Trust plans to continue monitoring market conditions and may adjust its investment strategy as necessary to align with its objectives. The Trust's fiscal year ends on December 31, and it will continue to provide updates on its financial performance and operational developments in future filings.