Hashdex Nasdaq CME Crypto Index ETF Completes Trust Amendment, Approved for Staking via Coinbase Cloud

COIN-3.01%
According to Hashdex's SEC filing, the Hashdex Nasdaq CME Crypto Index ETF (ticker: NCIQ) completed a trust amendment on July 23, enabling the fund to conduct staking activities on its held crypto assets, with Coinbase Cloud as the initial staking provider. Under the revenue-sharing arrangement, staking net income equivalent to 25 basis points (annualized) on common shares' net asset value flows entirely to the Sponsor; amounts exceeding this threshold are split 40% to Sponsor and 60% to common shareholders. The fund expects to launch staking activities once operationally ready.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments