Hashdex

Brazil-based asset manager’s planned bitcoin ETF seeks “to avoid any exposure to potential manipulation from unregulated exchanges”

Brian Brooks, ex-acting comptroller of the currency, is set to advise crypto asset manager Hashdex, the latest example of a trend seen over the last two years

Hashdex has the easiest path to approval of such a product in US once the SEC offers clarity, company executive says

The latest offering from Hashdex tracks the performance of the Nasdaq Crypto Index Europe, which tracks major cryptos, including bitcoin

First such fund approved under the Securities Act of 1933 takes name of Brazilian asset manager

Nearly three-quarters of advisers would be more likely to invest in the space if a spot ETF were offered in the US

The firm seeks to replicate its success in Brazil and create products beyond single-asset offerings

The upcoming launch will follow the cryptoasset manager’s launch of a DeFi ETF in February

Latin America’s largest crypto asset manager to expand its lineup of offerings after offering first crypto ETF in 2021
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