[{"data":1,"prerenderedAt":247},["Reactive",2],{"6Xqa4MrubZ":3,"ey1ltzN29K":7,"5-central-banks-jp-morgan-1-m-transacted-project-agora-just-proved-the-point":173,"_apollo:default":203},{"topBars":4},{"__typename":5,"data":6},"TopBarEntityResponseCollection",[],{"contents":8},{"__typename":9,"data":10},"ContentEntityResponseCollection",[11],{"__typename":12,"attributes":13},"ContentEntity",{"__typename":14,"slug":15,"isRestrictedContent":16,"contentUrl":17,"title":18,"blurb":19,"content":20,"publishDate":21,"timeToRead":22,"languages":23,"countries":31,"thumbnail":48,"heroImage":88,"author":120,"content_category":155},"Content","5-central-banks-jp-morgan-1-m-transacted-project-agora-just-proved-the-point",false,null,"5 central banks. JPMorgan. $1M transacted. Project Agorá just proved the point. ","\"Paradox: NCI fell 1.8% despite improved macro (Iran pause, rates held). Culprit: CLARITY Act pulled from Senate agenda over ethics issue. But ADA +14.7%, tokenized stocks tripled volume, XRP ETFs +4 consecutive months inflows ($300M). CIO: accumulation zone, adoption advancing. Range maintained (2,700-3,400) reinforces tested support. ETH privacy + Project Agorá ($1M CBDC) advance institutional integration.\"","\u003Ch2 dir=\"ltr\">\u003Cspan style=\"color: rgb(53, 152, 219);\">Nasdaq CME Crypto Index Performance (Weekly): \u003C/span>\u003C/h2>\n\u003Cp> \u003C/p>\n\u003Cp dir=\"ltr\">The NCI fell 1.8% in a week marked by a warmer geopolitical backdrop and little progress on the CLARITY Act. The performance was led by ADA, the only positive component, which rose 14.7%. Notably, the NCI has posted its second consecutive week outperforming its largest constituent, BTC (-2.0%).\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Ch2 dir=\"ltr\">CIO's view:\u003C/h2>\n\u003Cp> \u003C/p>\n\u003Cp dir=\"ltr\">Crypto fell this week despite a macro backdrop marked by the pause in attacks on Iran and the hold on interest rates, as opposed to a possible hike. This decline was driven by the lack of progress on the CLARITY Act, which was pulled from the Senate's agenda for the week over the ethics issue. Even so, adoption continued to advance, with tokenized stocks tripling in trading volume. This backdrop reinforces an accumulation zone, with our estimates remaining at 2,700–3,400 points for the NCI and US$59,000–US$69,000 for BTC.\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Ch2 dir=\"ltr\">Key Developments \u003C/h2>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Cp dir=\"ltr\">The Ethereum network, through the ETHSystems arm, is working to advance privacy on the network to address the needs of banks and institutions.¹ This is part of a broader effort by the Ethereum network to encourage institutional adoption.\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Cp dir=\"ltr\">Project Agorá concluded its pilot, transacting approximately $1 million across different currencies.² The project had the support of 5 central banks and other banks such as JP Morgan, demonstrating that crypto is ingraining with the traditional financial system.\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Cp dir=\"ltr\">Spot XRP ETFs in the US marked their fourth consecutive month of positive inflows, moving against the broader market, which has been suffering outflows, reaching a total of approximately $300 million.³\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Ch2 dir=\"ltr\">NCI Performance (YTD)\u003C/h2>\n\u003Cp> \u003C/p>\n\u003Cp> \u003C/p>\n\u003Cp>\u003Cimg src=\"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/Captura_de_tela_2026_08_03_155959_4b85eede53.png\" alt=\"\" width=\"622\" height=\"369\">\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Cp dir=\"ltr\">The \u003Ca href=\"https://hashdex.com/en-US/nasdaq-partnership\">Nasdaq CME Crypto Index\u003C/a> is designed to measure the performance of a significant portion of the digital asset market and to provide a benchmark for institutional investment in this new and emerging asset class. The Index is specifically designed to be dynamic in nature, broadly representative of the market, and readily trackable by investors.\u003C/p>\n\u003Cp dir=\"ltr\">\u003Ca href=\"https://www.nasdaq.com/docs/nci-factsheet\">Overview\u003Cbr>\u003C/a>\u003Ca href=\"https://indexes.nasdaqomx.com/docs/Nasdaq_Crypto_Indexes_Methodology.pdf\">Methodology\u003C/a> \u003Cbr>\u003Ca href=\"https://www.nasdaq.com/docs/nci-constituent-overview\">Constituents\u003C/a>\u003C/p>\n\u003Cp dir=\"ltr\">\u003Cem>NCI constituents as of June 1st, 2026: Bitcoin (79.0%), Ethereum (10.9%), Ripple (5.7%), Solana (2.9%) , Cardano (0.5%), Stellar (0.4%), Chainlink (0.4%) and Bitcoin Cash (0.2%). Third-party data is for informational use only.  [1] \u003Ca href=\"https://www.coindesk.com/tech/2026/07/28/ethereum-startup-ethsystems-bets-privacy-is-key-to-getting-banks-on-public-blockchains\">CoinDesk\u003C/a> [2] \u003Ca href=\"https://www.bis.org/about/bisih/topics/fmis/agora/rvt.htm\">BIS\u003C/a> [3] \u003Ca href=\"https://sosovalue.com/pt/assets/etf/us-crypto-spot\">SoSo Value\u003C/a>. Data accessed on August 3, 2026.\u003C/em>\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Cp dir=\"ltr\">____________________________\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>NCIQ: Effective January 20, 2026, the Fund changed its name from Hashdex Nasdaq Crypto Index US ETF (NCIQ) to Hashdex Nasdaq CME Crypto Index ETF \u003C/sup>\u003Csup>(NCIQ)\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>Effective January 20, 2026, the index changed its name from Nasdaq Crypto Index (NCI) to Nasdaq CME Crypto™ Index.\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>This material expresses Hashdex Asset Management Ltd. and its subsidiaries and affiliates (“Hashdex”)'s opinion for informational purposes only and does not consider the investment objectives, financial situation or individual needs of one or a particular group of investors. We recommend consulting specialized professionals for investment decisions. Investors are advised to carefully read the prospectus or regulations before investing their funds.\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>The information and conclusions contained in this material may be changed at any time, without prior notice. Nothing contained herein constitutes an offer, solicitation or recommendation regarding any investment management product or ser vice. This information is not directed at or intended for distribution to or use by any person or entity located in any jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation or which would subject Hashdex to any registration or licensing requirements within such jurisdiction.\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>These opinions are derived from internal studies and do not have access to any confidential information. Please note that future events may not unfold as anticipated by our team’s research and analysis. No part of this material may be (i) copied, photocopied or duplicated in any form by any means or (ii) redistributed without the prior written consent of Hashdex.\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>By receiving or reviewing this material, you agree that this material is confidential intellectual property of Hashdex and that you will not directly or indirectly copy, modify, recast, publish or redistribute this material and the information therein, in whole or in part, or other wise make any commercial use of this material without Hashdex’s prior written consent.\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>Investment in any investment vehicle and crypto assets is highly speculative and is not intended as a complete investment program. It is designed only for sophisticated persons who can bear the economic risk of the loss of their entire investment and who have limited need for liquidity in their investment. There can be no assurance that the investment vehicles will achieve its investment objective or return any capital. No guarantee or representation is made that Hashdex’s investment strategy, including, without limitation, its business and investment objectives, diversification strategies or risk monitoring goals, will be successful, and investment results may var y substantially over time.\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>Nothing herein is intended to imply that the Hashdex s investment methodology or that investing any of the protocols or tokens listed in the Information may be considered “conservative,” “safe,” “risk free,” or “risk averse.” These opinions are derived from internal studies and do not have access to any confidential information. Please note that future events may not unfold as anticipated by our team’s research and analysis.\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>Certain information contained herein (including financial information) has been obtained from published and unpublished sources. Such information has not been independently verified by Hashdex, and Hashdex does not assume responsibility for the accuracy of such information. Hashdex does not provide tax, accounting or legal advice. Certain information contained herein constitutes for ward-looking statements, which can be identified by the use of terms such as “may,” “ will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” “believe” (or the negatives thereof ) or other variations thereof. Due to various risks and uncertainties, including those discussed above, actual events or results, the ultimate business or activities of Hashdex and its investment vehicles or the actual performance of Hashdex, its investment vehicles, or digital tokens may differ materially from those reflected or contemplated in such for ward-looking statements.\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>As a result, investors should not rely on such for ward- looking statements in making their investment decisions. None of the information contained herein has been filed with the U.S. Securities and Exchange Commission or any other governmental or self-regulator y authority. No governmental authority has opined on the merits of Hashdex’s investment vehicles or the adequacy of the information contained herein.\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>Nasdaq® is a registered trademark of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular digital asset or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any digital asset or any representation about the financial condition of a digital asset. Statements regarding Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate assets before investing. ADVICE FROM A FINANCIAL PROFESSIONAL IS STRONGLY ADVISED.\u003C/sup>\u003C/p>\n\u003Cp> \u003C/p>","2026-08-03",5,{"__typename":24,"data":25},"LanguageRelationResponseCollection",[26],{"__typename":27,"attributes":28},"LanguageEntity",{"__typename":29,"Code":30},"Language","en",{"__typename":32,"data":33},"CountryRelationResponseCollection",[34,39,42,45],{"__typename":35,"attributes":36},"CountryEntity",{"__typename":37,"Code":38},"Country","US",{"__typename":35,"attributes":40},{"__typename":37,"Code":41},"CH",{"__typename":35,"attributes":43},{"__typename":37,"Code":44},"EU",{"__typename":35,"attributes":46},{"__typename":37,"Code":47},"KY",{"__typename":49,"data":50},"UploadFileEntityResponse",{"__typename":51,"attributes":52},"UploadFileEntity",{"__typename":53,"name":54,"url":55,"formats":56,"size":87},"UploadFile","Group 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