EU Approves Brazilian Crypto Asset Management Firm Hashdex to List ETP Products

Must read

GBP/USD Technical Outlook: Short-term Range Intact

GBP/USD, BRITISH POUND - Technical Outlook:GBP/USD continues to be in a variety from a short-term perspective.However, the medium-term prospects stay promising.What are the signposts...

Russian Stocks Amid War: Better Than Ever

Russian Stocks Amid War: Better Than Ever ...

El Salvador Plays Host to Developing Economies to Delve Deeper into Bitcoin Adoption

The ongoing Bitcoin convention in El Salvador couldn't have come at an attention-grabbing time when the main cryptocurrency has proven its resilience amid the...

Bitcoin Breaks Key Support, Why BTC Could Extend Losses

Bitcoin failed to remain above the $46,000 help in opposition to the US Dollar. BTC is sliding and would possibly even check the $43,200...

Brazil-based world digital asset administration firm Hashdex introduced on September 1 that it has been authorized to listing its exchange-traded product (ETP) within the European Union.

In May, Hashdex launched the Hashdex Nasdaq Crypto Index Europe ETP on the Swiss SIX securities buying and selling platform.

This is a serious milestone following the issuance of approval on the six main Swiss exchanges, laying the muse for growth within the European market.

Previously, the corporate launched a crypto ETF “Web3 ETF” which can be listed on the Brazilian inventory change B3 from March 30 underneath the ticker image WEB311.

In May this 12 months, Hashdex launched the Hashdex Nasdaq Crypto Index Europe ETP on the Swiss SIX securities buying and selling platform.

Meanwhile, Bruno Sousa, Head of New Markets at Hashdex, additionally commented on the event, saying: “Receiving approval to listing within the European Union in solely three months is a testomony to the tireless efforts of our gifted workforce as we increase our suite of merchandise that serve the wants of European buyers. We are targeted on constructing on the current profitable launch of the Hashdex Nasdaq Crypto Index Europe ETP in Switzerland, and we look ahead to persevering with to make sturdy strides in positioning Hashdex because the main European crypto issuer with the power to deploy revolutionary, diversified methods utilizing our confirmed ETP construction.”

In partnership with Nasdaq, Hashdex has launched a 12-part course designed to supply monetary asset managers with data on the evolution of the digital asset ecosystem, funding issues, regulation, taxation and extra Educational Resources. Due to the elevated curiosity of monetary advisors in buying data within the discipline of digital property, Hashdex has launched this course as a useful resource for funding managers contemplating cryptocurrencies of their funding methods.

In February final 12 months, Hashdex launched the world’s first crypto exchange-traded fund (ETF), the Hashdex Nasdaq Crypto Index ETF. The fund is traded on the Bermuda Stock Exchange (BSX) for accredited non-US buyers. Investors present institutional buyers with a straightforward resolution to realize publicity to the cryptocurrency market.

Hashdex has greater than 125,000 buyers globally and has roughly $467 million in property underneath administration.

Image supply: Shutterstock

More articles


Please enter your comment!
Please enter your name here

Latest article

Cathie Wood’s ARK sells Coinbase inventory for the primary time in 2023

Cathie Wood’s funding administration agency ARK Invest is shifting to take earnings from its Coinbase stash, promoting the primary batch of Coinbase inventory this...

Exness-Backed Crossover Markets Launches Crypto ECN

Crossover Markets Group, established final 12 months by two former Jefferies executives, introduced on Tuesday the launch of CROSSx, which is an execution-only cryptocurrency...

US Officials Consider Expanding Deposit Insurance Coverage

US officers are reportedly learning methods to broaden deposit insurance coverage protection to guard depositors and forestall capital from being pulled from smaller banks...

EUR/JPY Rebounds off the 78.60 Fibonacci Support Level

EUR/JPY worth motion crashed by the 50 and 61.80 Fibonacci assist ranges precisely seven buying and selling periods in the past. This downward worth...

Gold Price Technical Setup Seems Bearish Before Jerome Powell’s Anticipated Hike

Gold, XAU/USD, Federal Reserve, Jerome Powell - Briefing:Gold costs declined virtually 2% as Treasury yields fell on TuesdayMarkets have been pricing in swift Fed...