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Raising the bar for crypto index products: Hashdex leads multi-asset peers in net new assets

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Hashdex was founded to provide investors simple and secure access to the crypto ecosystem. This year has undoubtedly presented a challenging investment environment, but we’re proud to say that investors continue to trust us when it comes to crypto index investing. 

In the first half of 2022, our multi-asset crypto exchange-traded products raised over $117 million, leading all of our peers. [1]

 

 

Our analysis used data from Bloomberg on multi-asset index products available globally. The universe of funds considered includes basket funds, so does not include equities (non-crypto) funds or crypto single-asset funds. The reference data used for all of the net new money data is June 30, 2022. 

While the big numbers are nice, especially in this risk-off market, we are more proud to see that global investors continue to look to Hashdex when it comes to crypto index investing solutions.  

This performance is a testament to our work to offer investors best-in-class investment strategies through regulated vehicles across multiple segments of the crypto ecosystem and in multiple regions. We currently offer six ETFs on the Brazilian stock exchange (B3) that track cryptocurrency indices, including HASH11, which replicates the Nasdaq Crypto Index™ (NCI™), an index co-developed by Hashdex to benchmark the institutionally investable crypto market. The product is the second-largest ETF on B3, with more than 150,000 investors. [2]

In Europe, the Hashdex Nasdaq Crypto Index Europe ETP trades on the SIX Swiss Exchange under the ticker symbol SIX: HASH SW. The ETP tracks the Nasdaq Crypto Index Europe™(NCIE™), specifically designed to be dynamic in nature, broadly representative of the market, and readily trackable by European institutional investors. 

While it can be difficult to see clearly in markets like we experienced in June, we are big believers in “zooming out” when it comes to crypto investing. Fundamentals remain as strong as ever for much of the crypto market, and while this downturn has made some investors apprehensive, there is still an incredible level of interest in crypto from investors. In fact, a recent Bank of America study found that more than 90% of investors in crypto, or interested in crypto, plan to invest in the asset class this year.   

Our team at Hashdex believes that crypto is a long-term opportunity. As difficult as it can be to see crypto asset prices far off all-time highs, we firmly believe long-term investors have been—and will continue to be—rewarded for staying the course.

References: 

1. Calculation methodology: Flows = (Shares outstanding D0 - Shares outstanding D-1) * Fund NAV in USD

2. Source data obtained from Bloomberg Data License and also available in Bloomberg terminal: ETF<GO>, filters "Fund Type: All", "Classification/BFCS": Cryptocurrencies

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Disclaimers: 

This material express 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. The information and conclusions contained in this material may be changed at any time, without prior notice. This material may not be copied, reproduced or distributed without the prior and express agreement of Hashdex. For more information, consult our commercial area.

This document qualifies as advertisement within the meaning of article 68 of the Swiss Financial Services Act and/or article 95 of the Swiss Financial Services Ordinance and is not a prospectus, basic information sheet (BIB) or a key information document (KID). Any prospectus (in connection with an offer to the public or admission to trading) and/or any BIB or KID (for a product which was meant to be offered to retail clients), in each case if applicable and/or available, of financial instruments described in herein, from the date of its publication (which may be before, on or after the date of this document) and subject to applicable securities laws, is available from Hashdex AG.

Nasdaq®, Nasdaq Crypto Index™, NCI™, Nasdaq Crypto Index Europe™ and NCIE™ are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Hashdex Asset Management Ltd. The Hashdex Nasdaq Crypto Index ETF and Hashdex Nasdaq Crypto Index Europe ETP (the “Products”) have not been passed on by the Corporations as to their legality or suitability. The Products are not issued, endorsed, sold, or promoted by the Corporations.THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCTS. 

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