[{"data":1,"prerenderedAt":247},["Reactive",2],{"6Xqa4MrubZ":3,"NfkGHcRwBn":7,"bitcoin-et-fs-pulled-in-1-b-in-a-single-day-institutional-demand-is-back-ahead-of-price":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","bitcoin-et-fs-pulled-in-1-b-in-a-single-day-institutional-demand-is-back-ahead-of-price",false,null,"Bitcoin ETFs pulled in $1B in a single day. Institutional demand is back ahead of price","NCI rose 4.5% second consecutive week DECOUPLING from risk assets: S&P +1.2%, Nasdaq +3.3%, but crypto positive despite 10Y Treasury >5.1%. BCH surged +33.1%, eight of nine constituents positive, third week NCI outperformed BTC. Catalyst: 2.38BBTCETFinflows(1B single day = largest since October 2025), institutional demand returning AHEAD of price. SEC/CFTC cleared tokenized assets, Solana 150ms settlement. CIO: consolidation, bullish sentiment. Range maintains 3,700-4,300 / 80K-88K.","\u003Ch2 dir=\"ltr\">\u003Cspan style=\"color: rgb(53, 152, 219);\">Nasdaq CME Crypto Index Performance (Weekly):\u003C/span>\u003C/h2>\n\u003Cp>&nbsp;\u003C/p>\n\u003Cp dir=\"ltr\">The Nasdaq Crypto Index (NCI) rose 4.5% over the week, its second consecutive gain. Inflows of US$2.38 billion into US spot bitcoin ETFs, new purchases by Strategy, and regulatory progress were the catalysts behind the week's advance. Even with the inflation preview reinforcing the case for further rate hikes and the 10-year Treasury yield above 5.1%, crypto outperformed risk assets: the S&amp;P 500 gained 1.2% and the Nasdaq 100 rose 3.3%. Eight of the index's nine constituents finished in positive territory, with BCH (+33.1%) leading performance. This marks the third consecutive week in which the NCI has outperformed its largest constituent, BTC (+4.3%).\u003C/p>\n\u003Cp dir=\"ltr\">&nbsp;\u003C/p>\n\u003Ch2 dir=\"ltr\">CIO's view:\u003C/h2>\n\u003Cp>&nbsp;\u003C/p>\n\u003Cp dir=\"ltr\">The market appears to be consolidating, and sentiment remains bullish: strong inflows and the push by the SEC and CFTC to improve the regulatory framework for crypto provided solid support amid the US rate environment and the setback for the CLARITY Act in the Senate. From the current vantage point, we expect the NCI to trade between 3,700 and 4,300 points this week, and BTC between US$80,000 and US$88,000.\u003C/p>\n\u003Cp dir=\"ltr\">&nbsp;\u003C/p>\n\u003Ch2 dir=\"ltr\">Key Developments&nbsp;\u003C/h2>\n\u003Cp dir=\"ltr\">&nbsp;\u003C/p>\n\u003Cp dir=\"ltr\">US spot BTC ETFs took in US$1 billion in a single day, the ninth-largest inflow since launch.&sup1; It is the largest daily inflow since the all-time high in October 2025, with institutional demand returning ahead of price.\u003C/p>\n\u003Cp dir=\"ltr\">&nbsp;\u003C/p>\n\u003Cp dir=\"ltr\">The CFTC has cleared firms under its jurisdiction to invest in tokenized assets.&sup2; Firms may choose between the asset itself and its tokenized version. The permission applies only to tokens that preserve the legal and economic rights of the underlying asset.\u003C/p>\n\u003Cp dir=\"ltr\">&nbsp;\u003C/p>\n\u003Cp dir=\"ltr\">The Solana network upgrade aimed at speeding up settlement is being tested.&sup1; The goal is to cut settlement time from the current 12 seconds to 150 milliseconds, boosting network performance.\u003C/p>\n\u003Cp dir=\"ltr\">&nbsp;\u003C/p>\n\u003Ch2 dir=\"ltr\">NCI Performance (YTD)\u003C/h2>\n\u003Cp>&nbsp;\u003C/p>\n\u003Cp dir=\"ltr\">\u003Cimg src=\"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/Captura_de_tela_2026_09_28_163105_7512572ea8.png\" alt=\"\" width=\"667\" height=\"400\">\u003C/p>\n\u003Cp dir=\"ltr\">&nbsp;\u003C/p>\n\u003Cp dir=\"ltr\">The&nbsp;\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 September 2nd, 2026: Bitcoin (74,7%), Ethereum (11,7%), Ripple (5,2%), Solana (3,7%), Hyperliquid (3,3%), Cardano (0,5%), Chainlink (0,4%), Stellar (0,3%) e Bitcoin Cash (0,2%). Third-party data is for informational use only. &nbsp;[1] \u003Ca href=\"https://farside.co.uk/btc/\">Farside Investors\u003C/a> [2] \u003Ca href=\"https://www.cftc.gov/PressRoom/PressReleases/9303-26\">CFTC\u003C/a> [3] \u003Ca href=\"https://solana.com/upgrades/alpenglow/dashboard\">Solana\u003C/a>. Data accessed on September 28, 2026.\u003C/em>\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&nbsp;\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&trade; Index.\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>This material expresses Hashdex Asset Management Ltd. and its subsidiaries and affiliates (&ldquo;Hashdex&rdquo;)'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&rsquo;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&rsquo;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&rsquo;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 &ldquo;conservative,&rdquo; &ldquo;safe,&rdquo; &ldquo;risk free,&rdquo; or &ldquo;risk averse.&rdquo; 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&rsquo;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 &ldquo;may,&rdquo; &ldquo; will,&rdquo; &ldquo;should,&rdquo; &ldquo;expect,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;project,&rdquo; &ldquo;estimate,&rdquo; &ldquo;intend,&rdquo; &ldquo;continue&rdquo; &ldquo;believe&rdquo; (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&rsquo;s investment vehicles or the adequacy of the information contained herein.\u003C/sup>\u003C/p>\n\u003Cp class=\"p1\">\u003Csup>Nasdaq&reg; 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>&nbsp;\u003C/p>","2026-09-28",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","CH",{"__typename":35,"attributes":40},{"__typename":37,"Code":41},"US",{"__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 427319377.png","https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/Group_427319377_51308d41d0.png",{"large":57,"small":66,"medium":73,"thumbnail":80},{"ext":58,"url":59,"hash":60,"mime":61,"name":62,"path":17,"size":63,"width":64,"height":65},".png","https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/large_Group_427319377_51308d41d0.png","large_Group_427319377_51308d41d0","image/png","large_Group 427319377.png",767.1,1000,602,{"ext":58,"url":67,"hash":68,"mime":61,"name":69,"path":17,"size":70,"width":71,"height":72},"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/small_Group_427319377_51308d41d0.png","small_Group_427319377_51308d41d0","small_Group 427319377.png",203.49,500,301,{"ext":58,"url":74,"hash":75,"mime":61,"name":76,"path":17,"size":77,"width":78,"height":79},"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/medium_Group_427319377_51308d41d0.png","medium_Group_427319377_51308d41d0","medium_Group 427319377.png",434.75,750,452,{"ext":58,"url":81,"hash":82,"mime":61,"name":83,"path":17,"size":84,"width":85,"height":86},"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/thumbnail_Group_427319377_51308d41d0.png","thumbnail_Group_427319377_51308d41d0","thumbnail_Group 427319377.png",57.1,245,148,1088.01,{"__typename":49,"data":89},{"__typename":51,"attributes":90},{"__typename":53,"name":91,"url":92,"width":93,"height":94,"formats":95},"HashInsiderLinkedIn-1.png","https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/Hash_Insider_Linked_In_1_f3456e7912.png",2656,880,{"large":96,"small":102,"medium":108,"thumbnail":114},{"ext":58,"url":97,"hash":98,"mime":61,"name":99,"path":17,"size":100,"width":64,"height":101},"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/large_Hash_Insider_Linked_In_1_f3456e7912.png","large_Hash_Insider_Linked_In_1_f3456e7912","large_HashInsiderLinkedIn-1.png",74.03,331,{"ext":58,"url":103,"hash":104,"mime":61,"name":105,"path":17,"size":106,"width":71,"height":107},"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/small_Hash_Insider_Linked_In_1_f3456e7912.png","small_Hash_Insider_Linked_In_1_f3456e7912","small_HashInsiderLinkedIn-1.png",27.88,166,{"ext":58,"url":109,"hash":110,"mime":61,"name":111,"path":17,"size":112,"width":78,"height":113},"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/medium_Hash_Insider_Linked_In_1_f3456e7912.png","medium_Hash_Insider_Linked_In_1_f3456e7912","medium_HashInsiderLinkedIn-1.png",44.93,248,{"ext":58,"url":115,"hash":116,"mime":61,"name":117,"path":17,"size":118,"width":85,"height":119},"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/thumbnail_Hash_Insider_Linked_In_1_f3456e7912.png","thumbnail_Hash_Insider_Linked_In_1_f3456e7912","thumbnail_HashInsiderLinkedIn-1.png",7.41,81,{"__typename":121,"data":122},"PersonEntityResponse",{"__typename":123,"attributes":124},"PersonEntity",{"__typename":125,"photo":126,"name":153,"slug":154},"Person",{"__typename":49,"data":127},{"__typename":51,"attributes":128},{"__typename":53,"name":129,"url":130,"formats":131,"size":152},"Samir.jpg","https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/Samir_231a967f4f.jpg",{"small":132,"medium":140,"thumbnail":145},{"ext":133,"url":134,"hash":135,"mime":136,"name":137,"path":17,"size":138,"width":139,"height":71},".jpg","https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/small_Samir_231a967f4f.jpg","small_Samir_231a967f4f","image/jpeg","small_Samir.jpg",21.55,334,{"ext":133,"url":141,"hash":142,"mime":136,"name":143,"path":17,"size":144,"width":71,"height":78},"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/medium_Samir_231a967f4f.jpg","medium_Samir_231a967f4f","medium_Samir.jpg",41.66,{"ext":133,"url":146,"hash":147,"mime":136,"name":148,"path":17,"size":149,"width":150,"height":151},"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/thumbnail_Samir_231a967f4f.jpg","thumbnail_Samir_231a967f4f","thumbnail_Samir.jpg",3.37,104,156,67.48,"Samir Kerbage","samir-kerbage",{"__typename":156,"data":157},"ContentCategoryEntityResponse",{"__typename":158,"id":159,"attributes":160},"ContentCategoryEntity","8",{"__typename":161,"title":162,"isHidden":16,"DisplayName":163,"content_super_category":166},"ContentCategory","Inside the NCI",[164],{"__typename":165,"DisplayName":162},"ComponentContentDisplayName",{"__typename":167,"data":168},"ContentSuperCategoryEntityResponse",{"__typename":169,"attributes":170},"ContentSuperCategoryEntity",{"__typename":171,"title":172},"ContentSuperCategory","Insights",{"id":-1,"__typename":14,"slug":15,"isRestrictedContent":16,"contentUrl":17,"title":18,"blurb":19,"content":20,"publishDate":21,"timeToRead":22,"languages":174,"countries":176,"thumbnail":181,"heroImage":187,"author":193,"content_category":199,"isHashInsiderWeekly":16},[175],{"id":-1,"__typename":29,"Code":30},[177,178,179,180],{"id":-1,"__typename":37,"Code":38},{"id":-1,"__typename":37,"Code":41},{"id":-1,"__typename":37,"Code":44},{"id":-1,"__typename":37,"Code":47},{"id":-1,"__typename":53,"name":54,"url":55,"formats":182,"size":87},{"large":183,"small":184,"medium":185,"thumbnail":186},{"ext":58,"url":59,"hash":60,"mime":61,"name":62,"path":17,"size":63,"width":64,"height":65},{"ext":58,"url":67,"hash":68,"mime":61,"name":69,"path":17,"size":70,"width":71,"height":72},{"ext":58,"url":74,"hash":75,"mime":61,"name":76,"path":17,"size":77,"width":78,"height":79},{"ext":58,"url":81,"hash":82,"mime":61,"name":83,"path":17,"size":84,"width":85,"height":86},{"id":-1,"__typename":53,"name":91,"url":92,"width":93,"height":94,"formats":188},{"large":189,"small":190,"medium":191,"thumbnail":192},{"ext":58,"url":97,"hash":98,"mime":61,"name":99,"path":17,"size":100,"width":64,"height":101},{"ext":58,"url":103,"hash":104,"mime":61,"name":105,"path":17,"size":106,"width":71,"height":107},{"ext":58,"url":109,"hash":110,"mime":61,"name":111,"path":17,"size":112,"width":78,"height":113},{"ext":58,"url":115,"hash":116,"mime":61,"name":117,"path":17,"size":118,"width":85,"height":119},{"id":-1,"__typename":125,"photo":194,"name":153,"slug":154},{"id":-1,"__typename":53,"name":129,"url":130,"formats":195,"size":152},{"small":196,"medium":197,"thumbnail":198},{"ext":133,"url":134,"hash":135,"mime":136,"name":137,"path":17,"size":138,"width":139,"height":71},{"ext":133,"url":141,"hash":142,"mime":136,"name":143,"path":17,"size":144,"width":71,"height":78},{"ext":133,"url":146,"hash":147,"mime":136,"name":148,"path":17,"size":149,"width":150,"height":151},{"id":159,"__typename":161,"title":162,"isHidden":16,"DisplayName":200,"content_super_category":202},[201],{"__typename":165,"DisplayName":162},{"id":-1,"__typename":171,"title":172},{"ROOT_QUERY":204,"ContentCategoryEntity:8":240},["null","__typename",205,"topBars({\"filters\":{\"countries\":{\"Code\":{\"eq\":\"CH\"}}}})",206,"contents({\"filters\":{\"content_category\":{\"title\":{\"ne\":\"Monthly Letters\"}},\"slug\":{\"eq\":\"bitcoin-et-fs-pulled-in-1-b-in-a-single-day-institutional-demand-is-back-ahead-of-price\"}}})",207],"Query",["null","__typename",5,"data",6],["null","__typename",9,"data",208],[209],["null","__typename",12,"attributes",210],["null","__typename",14,"slug",15,"isRestrictedContent",16,"contentUrl",17,"title",18,"blurb",19,"content",20,"publishDate",21,"timeToRead",22,"languages",211,"countries",215,"thumbnail",225,"heroImage",228,"author",231,"content_category",237],["null","__typename",24,"data",212],[213],["null","__typename",27,"attributes",214],["null","__typename",29,"Code",30],["null","__typename",32,"data",216],[217,219,221,223],["null","__typename",35,"attributes",218],["null","__typename",37,"Code",38],["null","__typename",35,"attributes",220],["null","__typename",37,"Code",41],["null","__typename",35,"attributes",222],["null","__typename",37,"Code",44],["null","__typename",35,"attributes",224],["null","__typename",37,"Code",47],["null","__typename",49,"data",226],["null","__typename",51,"attributes",227],["null","__typename",53,"name",54,"url",55,"formats",56,"size",87],["null","__typename",49,"data",229],["null","__typename",51,"attributes",230],["null","__typename",53,"name",91,"url",92,"width",93,"height",94,"formats",95],["null","__typename",121,"data",232],["null","__typename",123,"attributes",233],["null","__typename",125,"photo",234,"name",153,"slug",154],["null","__typename",49,"data",235],["null","__typename",51,"attributes",236],["null","__typename",53,"name",129,"url",130,"formats",131,"size",152],["null","__typename",156,"data",238],{"__ref":239},"ContentCategoryEntity:8",["null","__typename",158,"id",159,"attributes",241],["null","__typename",161,"title",162,"isHidden",16,"DisplayName({\"filters\":{\"Language\":{\"Code\":{\"eq\":\"en\"}}}})",242,"content_super_category",244],[243],["null","__typename",165,"DisplayName",162],["null","__typename",167,"data",245],["null","__typename",169,"attributes",246],["null","__typename",171,"title",172],1790861409091]