Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Brazilian Fund Hashdex & Nasdaq to Roll Out World’s First Bitcoin ETF

Brazilian Fund Hashdex & Nasdaq to Roll Out World’s First Bitcoin ETF

Kelly Cromley by Kelly Cromley
Sep 22, 2020
in Bitcoin News, Market News, News
Reading Time: 2 mins read
0

Hashdex, a regulated Brazilian fund, has entered into an agreement with Nasdaq to roll out the world’s foremost cryptocurrency exchange-traded fund (ETF) on the Bermuda Stock Exchange (BSX).

The stock exchange stated that it had given the green signal for the ‘Hashdex Nasdaq Crypto Index’ on September 18, disclosing that 3 million Class E shares will be disbursed for trading on the platform.

RelatedPosts

Waterfall Network Launches Cascadify and The Lamb

Nansen Joins MANTRA Chain to Boost Blockchain Compliance

Tilted and AoF Team Up to Power Web3 Esports Innovation

AGII Unveils AI Automation Tools to Boost Web3 Efficiency

The partnership between Nasdaq and Hashdex was confirmed by the latter’s CEO Marcelo Sampaio.

As per media outlet Infomoney, the fund will go live and be available for trading on the BSX by the end of 2020. The report indicates that Hashdex opted to get listed in BSX due to crypto friendly regulations of Bermuda.

Exchange-traded funds provide exposure without a need to hold underlying assets, under regulated and insured environment.

Even though no additional details have been divulged regarding the ETF, Hashdex stated that the strategy and other prime info related to the product was published by Nasdaq on the launch date of the product. While speaking to popular Brazilian newspaper Oglobo, Sampaio opined that the launch of ETF would encourage institutional investment in the cryptocurrency industry.

Currently, Hashdex administers $46.40 million worth assets spread across four funds, including the one holding cryptocurrency assets. While KPMG is the firm’s auditor, Silvergate Bank is the primary financial institution.

Hashdex’ cryptocurrency asset custodians are Kingdom Trust, Xapo and Volt. Earlier this week, ex-Goldman Sachs executive and fund manager Raoul Pal forecast that the roll out of Bitcoin ETF in the US is also likely, stating:

“I’m going to give you the biggest front-running opportunity of your life: they will get an ETF across the line. There will be billions of dollars that pour into it.

Every pension plan will allocate some money to it. Every family office will allocate some money to it. And the more the price goes up, the more they will allocate.”

In the last few years, the US Sec (Securities and Exchange Commission) has turned down an application for Bitcoin ETF by Winklevoss twins, Wilshire Phoenix and NYSE broker Arca.

Previous Post

Beijing to Use Blockchain, AI to Scrutinize Cross-Border Data Flows

Next Post

Tyler Winklevoss – “Bitcoin is Better at Being Gold than Gold”

Related Posts

antix blends ai and blockchain to redefine digital identity

Antix Blends AI and Blockchain to Redefine Digital Identity

by Kelly Cromley
May 14, 2025
0

Antix, an emerging platform specializing in AI-driven digital identity, has unveiled its strategic vision to reshape how individuals engage with...

meta earth unveils blockchain-based universal basic income

Meta Earth Unveils Blockchain-Based Universal Basic Income

by Kelly Cromley
May 14, 2025
0

Meta Earth has introduced a pioneering initiative to address growing global inequality and the challenges posed by rapid automation. The...

maybank trustees and cokeeps to drive blockchain in asset management

Maybank Trustees and CoKeeps to Drive Blockchain in Asset Management

by Kelly Cromley
May 14, 2025
0

CoKeeps Sdn Bhd, a blockchain infrastructure firm based in Malaysia, has entered into a strategic agreement with Maybank Trustees Berhad,...

sft and atleta join forces to advance sports web3

SFT and Atleta Join Forces to Advance Sports Web3

by Kelly Cromley
May 14, 2025
0

In a strategic move to advance blockchain integration in the sports sector, SFT Protocol has confirmed a partnership with Atleta...

waterfall network launches cascadify and the lamb

Waterfall Network Launches Cascadify and The Lamb

by Kelly Cromley
May 14, 2025
0

The Waterfall Network, a fast-expanding ecosystem built on BlockDAG technology, has introduced two innovative platforms—Cascadify and The Lamb—designed to streamline...

nansen joins mantra chain to boost blockchain compliance

Nansen Joins MANTRA Chain to Boost Blockchain Compliance

by Kelly Cromley
May 14, 2025
0

Nansen, a prominent blockchain analytics firm, has formally become a validator on the MANTRA Chain, marking a strategic advancement in...

Next Post
Tyler Winklevoss – “Bitcoin is Better at Being Gold than Gold”

Tyler Winklevoss – “Bitcoin is Better at Being Gold than Gold”

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • XRP Ledger Embraces Precious Metal-Backed Stablecoins with Meld Gold Partnership

    by Kelly Cromley
    Oct 2, 2024

Recent News

antix blends ai and blockchain to redefine digital identity
Market News

Antix Blends AI and Blockchain to Redefine Digital Identity

by Kelly Cromley
May 14, 2025
meta earth unveils blockchain-based universal basic income
Market News

Meta Earth Unveils Blockchain-Based Universal Basic Income

by Kelly Cromley
May 14, 2025
maybank trustees and cokeeps to drive blockchain in asset management
Market News

Maybank Trustees and CoKeeps to Drive Blockchain in Asset Management

by Kelly Cromley
May 14, 2025
sft and atleta join forces to advance sports web3
Market News

SFT and Atleta Join Forces to Advance Sports Web3

by Kelly Cromley
May 14, 2025
waterfall network launches cascadify and the lamb
Market News

Waterfall Network Launches Cascadify and The Lamb

by Kelly Cromley
May 14, 2025

Categories

  • Altcoin News
  • Analysis News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market News
  • News
  • Ripple News
  • Solana News

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree