The Hashdex Nasdaq Crypto Index US ETF (NCIQ) started trading on Nasdaq on February 14, 2025. It charges a 0.25% management fee for the year, which will increase to 0.50% starting in 2026.

The underlying index, NCIUS, consists solely of Bitcoin (BTC) and Ethereum (ETH), reflecting their liquidity and market capitalization, which amounts to over $2.3 trillion in total.

Hashdex CEO Marcelo Sampaio emphasized the ETF’s convenience for investors, stating it removes the need for them to purchase coins directly. Nasdaq’s Cameron Lilja discussed the index’s design to mirror overall market performance.