[{"data":1,"prerenderedAt":247},["Reactive",2],{"VReXI2OvKS":3,"UY5eNqctWv":7,"sec-moves-on-crypto-custody-rules-removing-a-key-barrier-for-financial-advisors":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","sec-moves-on-crypto-custody-rules-removing-a-key-barrier-for-financial-advisors",false,null,"SEC moves on crypto custody rules, removing a key barrier for financial advisors ","NCI rose modest 0.4% third consecutive week despite 10Y Treasury >5.27% plus disappointing payroll. Only four of nine constituents positive, BTC/XLM leading. XLM +1.3%, BTC +0.8% suggest deep consolidation. But regulatory catalysts offset: SEC custody rules plus Chainlink 'Swift blockchain' plus Ethereum Glamsterdam testing advances. CIO: institutional flows cooling but staying positive. Pre-midterm uncertainty. Mixed sentiment = unclear short-term trend.","\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 0.4% over the week, its third consecutive gain, albeit a modest one compared with the previous week's +4.5% advance. Flows into U.S. spot BTC ETFs also slowed, ending their streak of positive days. The macro backdrop weighed on the market, with the 10-year Treasury yield jumping from 5.16% to 5.27% and the 30-year reaching its highs, before a disappointing payroll report reduced the odds of another Fed hike in October. Only four of the index's nine constituents finished in positive territory, with XLM (+1.3%) and BTC (+0.8%) leading the way.\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\">It appears to us that the market remains in consolidation amid mixed sentiment: institutional flows showed signs of cooling, though they stayed positive for a third straight week. Even so, the regulatory agenda moved forward with the SEC's proposal of new custody rules for advisers and funds, offsetting a less favorable backdrop for long-term U.S. rates. The short-term trend remains unclear with less than a month to go before the U.S. midterm elections.\u003C/p>\n\u003Cp dir=\"ltr\">&nbsp;\u003C/p>\n\u003Ch2 dir=\"ltr\">Key Developments&nbsp;\u003C/h2>\n\u003Cp>&nbsp;\u003C/p>\n\u003Cp dir=\"ltr\">Chainlink is working on a new project to bridge crypto and traditional markets.&sup1; The goal is to give financial institutions access to \"Swift's blockchain,\" integrating the financial system with the crypto space.\u003C/p>\n\u003Cp dir=\"ltr\">&nbsp;\u003C/p>\n\u003Cp dir=\"ltr\">The SEC proposed new crypto asset custody rules for regulated advisers and funds, expanding who can serve as a qualified custodian.&sup2; The measure promises to remove one of the barriers facing advisors who want to offer crypto to clients.&sup3;\u003C/p>\n\u003Cp dir=\"ltr\">&nbsp;\u003C/p>\n\u003Cp dir=\"ltr\">The Ethereum Foundation officially announced the start of testing for the network's next upgrade.⁴ Named Glamsterdam, the upgrade is part of the network's long-standing roadmap to increase scalability and reduce transaction costs.\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\">&nbsp;\u003C/p>\n\u003Cp>\u003Cimg src=\"https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/Captura_de_tela_2026_10_05_152222_3b1cbf160b.png\" alt=\"\" width=\"599\" height=\"356\">\u003C/p>\n\u003Cp dir=\"ltr\">&nbsp;\u003C/p>\n\u003Cp dir=\"ltr\">O Nasdaq CME Crypto Index foi desenvolvido para medir a performance de uma parcela significativa do mercado de criptoativos e fornecer um benchmark para investimento institucional nesta nova e emergente classe de ativos. O &Iacute;ndice foi especificamente projetado para ser din&acirc;mico, amplamente representativo do mercado e facilmente rastre&aacute;vel por investidores.\u003C/p>\n\u003Cp>\u003Cstrong id=\"docs-internal-guid-dc9f1e06-7fff-fdd0-4d6b-6f6f07f881cd\">\u003Ca href=\"https://www.nasdaq.com/docs/nci-factsheet\">Vis&atilde;o Geral\u003Cbr>\u003C/a>\u003Ca href=\"https://indexes.nasdaqomx.com/docs/Nasdaq_Crypto_Indexes_Methodology_(Portuguese).pdf\">Metodologia\u003C/a> \u003Cbr>\u003Ca href=\"https://www.nasdaq.com/docs/nci-constituent-overview\">Constituintes\u003C/a>\u003C/strong>\u003C/p>\n\u003Cp dir=\"ltr\">\u003Cem>Componentes do NCI em 2 de setembro de 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%). Dados de terceiros s&atilde;o apenas para fins informativos. [1] \u003Ca href=\"https://chain.link/press-releases/chainlink-is-enabling-financial-institutions-to-connect-to-swifts-blockchain-ledger\">Chainlink\u003C/a> [2] \u003Ca href=\"https://www.sec.gov/newsroom/press-releases/2026-100-sec-proposal-would-address-how-investment-advisers-funds-can-custody-crypto-assets-under-federal\">SEC\u003C/a> [3] \u003Ca href=\"https://www.ecfr.gov/current/title-17/chapter-II/part-275/section-275.206(4)-2\">ECFR\u003C/a> [4] \u003Ca href=\"https://blog.ethereum.org/2026/09/17/glamsterdam-testnet-announcement\">Ethereum Foundation\u003C/a>. Acessado em 5 de outubro de 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>","2026-10-05",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","KY",{"__typename":35,"attributes":40},{"__typename":37,"Code":41},"EU",{"__typename":35,"attributes":43},{"__typename":37,"Code":44},"CH",{"__typename":35,"attributes":46},{"__typename":37,"Code":47},"US",{"__typename":49,"data":50},"UploadFileEntityResponse",{"__typename":51,"attributes":52},"UploadFileEntity",{"__typename":53,"name":54,"url":55,"formats":56,"size":87},"UploadFile","Group 427319378.png","https://hdx-website-cms-prod-upload-bucket.s3.us-east-1.amazonaws.com/Group_427319378_d46c97c992.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_427319378_d46c97c992.png","large_Group_427319378_d46c97c992","image/png","large_Group 427319378.png",730.6,1000,600,{"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_427319378_d46c97c992.png","small_Group_427319378_d46c97c992","small_Group 427319378.png",197.76,500,300,{"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_427319378_d46c97c992.png","medium_Group_427319378_d46c97c992","medium_Group 427319378.png",414.95,750,450,{"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_427319378_d46c97c992.png","thumbnail_Group_427319378_d46c97c992","thumbnail_Group 427319378.png",58.04,245,147,1047.77,{"__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_54a615bead.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_54a615bead.png","large_Hash_Insider_Linked_In_1_54a615bead","large_HashInsiderLinkedIn-1.png",71.94,331,{"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_54a615bead.png","small_Hash_Insider_Linked_In_1_54a615bead","small_HashInsiderLinkedIn-1.png",23.62,166,{"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_54a615bead.png","medium_Hash_Insider_Linked_In_1_54a615bead","medium_HashInsiderLinkedIn-1.png",44.7,248,{"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_54a615bead.png","thumbnail_Hash_Insider_Linked_In_1_54a615bead","thumbnail_HashInsiderLinkedIn-1.png",7.18,81,{"__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\":\"sec-moves-on-crypto-custody-rules-removing-a-key-barrier-for-financial-advisors\"}},{\"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],1791570837955]