Hashdex Nasdaq Crypto Index ETF (NCIQ)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
NCIQ Chart
Hashdex Nasdaq Crypto Index ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JBR Jacob B. Rue Shore Point Advisors LLC | 14,668 | $220,137.35 | $233,881.26 | $13,743.91 | 6.24% |
 Courtney Holt Compound Planning, Inc. | 38,881 | $669,920 | $625,400.88 | -$44,519.12 | -6.65% |
 Christopher C. Powers Farther Finance Advisors, LLC | 1,123 | $22,873.88 | $17,923.08 | -$4,950.8 | -21.64% |
 Victory Financial Group LLC VICTORY FINANCIAL GROUP, LLC | 22,760 | $485,654.23 | $364,160 | -$121,494.23 | -25.02% |
 Archer Investment Management LLC Archer Investment Management LLC | 157,232 | $2.33M | $2.47M | $141,536.51 | 6.07% |
Hashdex Nasdaq Crypto Index ETF (NCIQ) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Hashdex Nasdaq Crypto Index ETF ever had a stock split?
Hashdex Nasdaq Crypto Index ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
NCIQ is a fund that tracks an index focusing on two of the most recognized cryptocurrencies: bitcoin (BTH) and ether (ETH). The fund aims to achieve its investment goal through direct investments in spot bitcoin and spot ether, steering clear of leveraging or utilizing derivatives. To ensure financial stability, it maintains cash balances sufficient to cover ongoing expenses. The fund employs a market cap-weighted strategy, allocating its assets in the same proportions as the underlying index, reflecting changes and trends within the cryptocurrency market. It deliberately avoids investing in crypto securities, tokenized assets, or stablecoins, thus positioning itself distinctively within the investment landscape.
It is important to note that this fund comes with a higher risk factor compared to other exchange-traded products (ETPs) that may hold digital assets indirectly due to the significant price volatility characteristic of the crypto asset markets. Furthermore, the underlying index of the fund follows a rules-based methodology, which opens the potential for the inclusion of additional assets in the future, contingent upon SEC approval. The fund's index undergoes quarterly rebalancing to ensure it accurately reflects the current market conditions.
Products and Services
- Direct Cryptocurrency Investments:
NCIQ directly invests in spot bitcoin and ether, allowing investors to gain exposure to these primary cryptocurrencies without the complexities of derivatives and leverage.
- Market Cap-Weighted Strategy:
The fund follows a market cap-weighted approach, meaning it allocates its assets in proportion to the relative market capitalization of bitcoin and ether, reflecting the current market dynamics and ensuring balanced exposure to both assets.
- Cash Management:
To cover operational expenses, the fund maintains cash reserves. This strategy enables enhanced liquidity and financial prudence, making sure funds are available for necessary expenditures.
- Quarterly Index Rebalancing:
The index that the fund tracks is rebalanced every quarter. This regular adjustment ensures that the fund mirrors the current market landscape, adapting to shifts in the market capitalization of bitcoin and ether.
- Rules-Based Methodology:
NCIQ's index operates under a rules-based methodology, providing transparency and a structured approach to the selection of assets. This methodology potentially allows for future expansion to include more assets, subject to regulatory approval from the SEC.
