Hashdex Crypto ETF Reports Inaugural Year Performance, Permanently Cuts Management Fee to 0.25%

summarizeSummary

Hashdex Nasdaq CME Crypto Index ETF filed its first annual report, detailing a (9.15)% negative return for its inaugural year but confirming a permanent reduction in its management fee to 0.25%.

check_boxKey Events

• Inaugural Year Financial Performance

  The Trust reported a net decrease in net assets from operations of $(1,981,681) and a total return at NAV of (9.15)% for its first operating period (February 14, 2025, through December 31, 2025).

• Permanent Management Fee Reduction

  The management fee was permanently reduced from 0.50% to 0.25% per annum, effective March 16, 2026. This change eliminates the prior temporary fee waiver, making the ETF more competitive.

• Index Transition and Name Change

  Effective January 20, 2026, the Trust changed its name to "Hashdex Nasdaq CME Crypto Index ETF" and transitioned its underlying index to the Nasdaq CME Crypto Settlement Price Index, aligning with its new identity.

• Asset Concentration

  The Trust's portfolio is heavily concentrated in Bitcoin (75.38%) and Ethereum (13.89%) as of December 31, 2025, exposing it to the volatility of these specific crypto assets.

auto_awesomeAnalysis

This 10-K provides the first comprehensive annual financial report for the Hashdex Nasdaq CME Crypto Index ETF, covering its operations from February 14, 2025, to December 31, 2025. The report highlights a challenging inaugural year with a (9.15)% total return at NAV and a net decrease in assets from operations, reflecting the inherent volatility of its underlying crypto asset holdings, particularly Bitcoin and Ethereum. A significant positive development is the permanent reduction of the management fee from 0.50% to 0.25% per annum, effective March 16, 2026. This fee cut, previously a temporary waiver, makes the ETF more competitive and directly benefits shareholders by reducing ongoing costs. Investors should monitor the ETF's performance against its new index and the impact of the reduced fees on future returns, especially given its concentrated exposure to major crypto assets.