other_material
confidence high
sentiment neutral
materiality 0.55
ETF director replaced; NCIUS index adds ADA, SOL, XLM, XRP; SEC rule pending Nov 2025
Hashdex Nasdaq CME Crypto Index ETF
- Bruno Passos resigned as director of sponsor and PFO/PAO of Trust; Samir Kerbage appointed as director, PFO, PAO effective June 2, 2025.
- NCIUS index reconstituted to include ADA, SOL, XLM, XRP in addition to BTC and ETH.
- Trust continues to hold only BTC and ETH due to listing rule restrictions; increased tracking error risk.
- SEC rule change filed March 7, 2025 (SR-NASDAQ-2025-009) would allow Trust to hold NCI index (9 assets); decision expected by Nov 2, 2025.
item 5.02item 8.01item 9.01