Hashdex Nasdaq Crypto Index US ETF (NCIQ) is an exchange-traded product sponsored by Hashdex Asset Management Ltd. that provides U.S. investors with diversified exposure to leading cryptocurrency assets by tracking the Nasdaq Crypto US Settlement Price Index (NCIUSS); the index measures the performance of select spot cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), Chainlink (LINK), and Stellar (XLM), weighted by market capitalization, with holdings custodied by Coinbase Custody and BitGo Trust. Launched in February 2025 and listed on Nasdaq, NCIQ offers a low-cost, regulated vehicle for passive crypto investing with a management fee of 0.25% through December 31, 2026, and 0.50% thereafter, administered by U.S. Bank Global Fund Services and marketed by Paralel Distributors LLC. Headquartered in New York with global operations spanning the United States, Europe, and Latin America, Hashdex, founded in 2018, manages over $1.5 billion in assets as a pioneer in crypto index products developed in partnership with Nasdaq Global Indexes.
In September 2025, NCIQ expanded significantly to include five additional leading crypto assets beyond its initial Bitcoin and Ether holdings, marking it as the first multi-asset spot crypto ETP in the United States and enhancing diversified access for institutional and retail investors. This development builds on Hashdex's longstanding collaboration with Nasdaq, which dates to 2021 and includes co-development of the Nasdaq Crypto Index family; recent enhancements align with evolving U.S. regulatory standards for spot crypto products. No major acquisitions, funding rounds, or reorganizations have been reported for NCIQ in the past year, though Hashdex continues to innovate with staking partnerships, such as with Coinbase, to optimize yields on eligible holdings.