Brazilian asset manager Hashdex has announced a significant achievement in Europe: the HASH – Hashdex Nasdaq Crypto Index Europe ETP has become the largest multi-asset crypto ETP on the continent, reaching over $173 million in net asset value as of August 15, 2024.
“At Hashdex, we believe the best way to participate in the long-term promise of crypto assets is through a premier index that allows investors to take advantage of a wide range of blockchain-based applications,” said Marcelo Sampaio, CEO of Hashdex.
“We are proud of HASH, which tracks the Nasdaq Crypto Index (NCI), developed by Nasdaq in partnership with our team, offering investors a dynamic and universal benchmark,” concluded Sampaio.
This milestone highlights the growing adoption of cryptocurrencies among European investors, who are looking to access the crypto ecosystem through products such as Hashdex’s ETP.