The Exchange-Traded Product (ETP) that the Hashdex Global Digital Asset Management Company has been authorized to list in the European Union was made public on September 1.
The Hashdex Nasdaq Crypto Index Europe ETP was introduced by Hashdex in May on the Swiss SIX securities trading platform.
This is a significant accomplishment that follows the clearance on the six most important Swiss exchanges, setting the groundwork for growth in the European market.
Prior to that, the company unveiled the “Web3 ETF,” a cryptocurrency exchange-traded fund that will begin trading on the Brazilian stock exchange B3 on March 30 under the ticker WEB311.
The Hashdex Nasdaq Crypto Index Europe ETP was introduced by Hashdex in May of this year on the Swiss SIX securities trading platform.
The development was also discussed by Bruno Sousa, Head of New Markets at Hashdex, who said: “Receiving approval to list in the European Union in only three months is a testament to the tireless efforts of our talented team as we expand our suite of products that serve the needs of European investors. Building on the recent success of the Hashdex Nasdaq Crypto Index Europe ETP launch in Switzerland, we are committed to solidifying Hashdex’s position as the premier European cryptocurrency issuer with the capacity to implement cutting-edge, diversified strategies utilizing our tested ETP structure.
To educate financial asset managers on the development of the digital asset ecosystem, investment concerns, legislation, taxation, and other Educational Resources, Hashdex and Nasdaq have established a 12-part course. Hashdex has launched this course as a resource for investment managers thinking about including cryptocurrencies in their investment strategy due to the rising interest financial advisors have in learning more about the world of digital assets.
The Hashdex Nasdaq Crypto Index ETF, the first exchange-traded fund (ETF) in the world for cryptocurrencies, was introduced by Hashdex in February of last year. For accredited non-US investors, the fund is listed on the Bermuda Stock Exchange (BSX). Institutional investors can easily obtain access to the bitcoin market thanks to investors.
Hashdex manages about $467 million worth of assets on behalf of more than 125,000 investors worldwide.
