[{"data":1,"prerenderedAt":247},["Reactive",2],{"VReXI2OvKS":3,"OHiaG0AV3H":7,"jp-morgan-brought-jpm-coin-to-ethereum-and-stablecoins-just-got-their-final-rulebook-in-the-us":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","jp-morgan-brought-jpm-coin-to-ethereum-and-stablecoins-just-got-their-final-rulebook-in-the-us",false,null," JPMorgan brought JPM Coin to Ethereum and stablecoins just got their final rulebook in the US","NCI virtually flat (-0.1%) yet masked strength: outperformed S&P 500 (-0.5%), Nasdaq (-0.8%), gold (-4.6%) despite Iran tensions plus oil highs. XRP +3.1%, altcoins led, NCI beat BTC signaling diversification within crypto working. CIO: consolidation, adoption advancing. JPMorgan JPM Coin on Ethereum plus OCC GENIUS Act rule (January 2027) plus Solana Alpenglow (150ms finality) advance institutional infrastructure. Watch: Fed (Wed), PCE/GDP (Thu), BoJ (Fri).","\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 slipped 0.1% for the week, easing the previous week’s decline in a period with few crypto-specific catalysts and markets awaiting the Fed decision. Rising tensions between the US and Iran, with new attacks on ships, pushed oil to new highs, and US equities closed in the red. The week reinforced crypto’s diversification role, as both equities, with the Nasdaq 100 (-0.8%) and the S&P 500 (-0.5%), and gold (-4.6%) fell more than crypto. This performance was led by XRP (+3.1%), SOL (+0.8%) and ETH (+0.5%), with the NCI outperforming BTC, a move that also highlights the importance of diversifying within the asset class.\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\">We see a consolidating market for crypto, even in a week marked by a more hostile geopolitical backdrop. Both adoption and structural improvements continue to advance. This week’s price action may reflect the wait for monetary policy decisions. On the radar: the Fed decision on Wednesday, US PCE inflation and GDP on Thursday, and the BoJ decision on Friday.\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Ch2 dir=\"ltr\">Key Developments \u003C/h2>\n\u003Cp> \u003C/p>\n\u003Cp dir=\"ltr\">JPMorgan brought JPM Coin, its dollar deposit token, to the Ethereum network, with access for institutional clients.¹ This enables faster and more efficient payments using the bank’s own deposits.\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Cp dir=\"ltr\">The OCC, the US banking regulator, published the final rule under the GENIUS Act, setting reserve, redemption and risk management standards for stablecoin issuers.² The rule takes effect on January 18, 2027, giving stablecoins clear rules in the US.\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Cp dir=\"ltr\">Solana activated Alpenglow, a mainnet upgrade that makes transaction finality nearly instant.³ The goal is to finalize each transaction in about 150ms, increasing the network’s efficiency and speed.\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Ch2 dir=\"ltr\">NCI Performance (YTD)\u003C/h2>\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_10_26_162730_7200ea6fb0.png\" alt=\"\" width=\"617\" height=\"373\">\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\">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.  [1] \u003Ca href=\"https://www.theblock.co/news/business/2026-10-19-jpmorgan-jpm-coin-deposit-token-ethereum-418874\">The Block\u003C/a> [2] \u003Ca href=\"https://occ.gov/news-issuances/news-releases/2026/nr-occ-2026-92.html\">OCC\u003C/a> [3] \u003Ca href=\"https://solana.com/upgrades/alpenglow\">Solana\u003C/a>. Data accessed on October 26, 2026.\u003C/p>\n\u003Cp dir=\"ltr\">____________________________\u003C/p>\n\u003Cp dir=\"ltr\">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 (NCIQ)\u003C/p>\n\u003Cp dir=\"ltr\">Effective January 20, 2026, the index changed its name from Nasdaq Crypto Index (NCI) to Nasdaq CME Crypto™ Index.\u003C/p>\n\u003Cp dir=\"ltr\">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/p>\n\u003Cp dir=\"ltr\">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/p>\n\u003Cp dir=\"ltr\">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/p>\n\u003Cp dir=\"ltr\">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/p>\n\u003Cp dir=\"ltr\">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/p>\n\u003Cp dir=\"ltr\">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/p>\n\u003Cp dir=\"ltr\">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/p>\n\u003Cp dir=\"ltr\">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/p>\n\u003Cp dir=\"ltr\">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/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Cp> \u003C/p>","2026-10-26",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","EU",{"__typename":35,"attributes":40},{"__typename":37,"Code":41},"US",{"__typename":35,"attributes":43},{"__typename":37,"Code":44},"KY",{"__typename":35,"attributes":46},{"__typename":37,"Code":47},"CH",{"__typename":49,"data":50},"UploadFileEntityResponse",{"__typename":51,"attributes":52},"UploadFileEntity",{"__typename":53,"name":54,"url":55,"formats":56,"size":87},"UploadFile","Group 427319385.png","https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/Group_427319385_e2e0cf364b.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_427319385_e2e0cf364b.png","large_Group_427319385_e2e0cf364b","image/png","large_Group 427319385.png",753.35,1000,602,{"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_427319385_e2e0cf364b.png","small_Group_427319385_e2e0cf364b","small_Group 427319385.png",194.4,500,301,{"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_427319385_e2e0cf364b.png","medium_Group_427319385_e2e0cf364b","medium_Group 427319385.png",426.99,750,452,{"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_427319385_e2e0cf364b.png","thumbnail_Group_427319385_e2e0cf364b","thumbnail_Group 427319385.png",54.29,245,148,1003.67,{"__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_7ec9165027.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_7ec9165027.png","large_Hash_Insider_Linked_In_1_7ec9165027","large_HashInsiderLinkedIn-1.png",78.86,331,{"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_7ec9165027.png","small_Hash_Insider_Linked_In_1_7ec9165027","small_HashInsiderLinkedIn-1.png",30.44,166,{"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_7ec9165027.png","medium_Hash_Insider_Linked_In_1_7ec9165027","medium_HashInsiderLinkedIn-1.png",47.47,248,{"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_7ec9165027.png","thumbnail_Hash_Insider_Linked_In_1_7ec9165027","thumbnail_HashInsiderLinkedIn-1.png",7.88,81,{"__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\":\"KY\"}}}})",206,"contents({\"filters\":{\"and\":[{\"slug\":{\"eq\":\"jp-morgan-brought-jpm-coin-to-ethereum-and-stablecoins-just-got-their-final-rulebook-in-the-us\"}},{\"content_category\":{\"title\":{\"ne\":\"Monthly Letters\"}}}]}})",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],1793293846824]