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Hashdex to waive fees on its European crypto fund until net asset value reaches $1 billion

Hashdex to waive fees on its European crypto fund until net asset value reaches $1 billion

CointimeCointime2024/06/20 06:19
By:Cointime

On June 20th, cryptocurrency asset management company Hashdex announced that it will waive all fees for its European cryptocurrency fund, Hashdex Nasdaq Crypto Index Europe (HASH), until its net asset value reaches $1 billion. This decision comes as Hashdex plans to launch an innovative ETF in the United States, which will include both Bitcoin and Ethereum.

In addition, the HASH fund is also listed on the Swiss SIX Exchange, the German Deutsche Boerse Xetra, the Paris Euronext, and the Amsterdam Euronext. The HASH fund is currently the second largest cryptocurrency index ETP in Europe, with a net asset value of over $100 million.

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