Hashdex 透過期貨 ETF 轉換加入美國現貨比特幣 ETF 市場

資產管理公司Hashdex已將其期貨ETF轉換為Hashdex比特幣ETF（「DEFI」）以持有現貨比特幣，標誌著其進入美國現貨比特幣ETF市場。該基金將至少 95% 的資產分配給現貨比特幣，其餘 5% 分配給比特幣期貨合約、現金和現金等價物。

Hashdex Enters US Spot Bitcoin ETF Market with Conversion of Futures ETF

Hashdex透過期貨ETF轉換進入美國現貨比特幣ETF市場

In a significant move, Hashdex, a renowned asset manager, has announced the conversion of its existing futures exchange-traded fund (ETF) into a spot Bitcoin ETF, enabling it to hold physical Bitcoin directly. This transformative action positions Hashdex as the latest entrant in the burgeoning US spot Bitcoin ETF market.

著名資產管理公司Hashdex宣布將其現有的期貨交易所交易基金（ETF）轉換為現貨比特幣ETF，使其能夠直接持有實體比特幣，這是一項重大舉措。這項變革性舉措使 Hashdex 成為新興的美國現貨比特幣 ETF 市場的最新進入者。

Renaming and Conversion

重新命名和轉換

On March 26, 2024, Hashdex made the official announcement, disclosing that its Hashdex Bitcoin Futures ETF would be renamed and converted into the Hashdex Bitcoin ETF, bearing the ticker symbol "DEFI." This strategic adjustment reflects the fund's transition to a spot Bitcoin investment strategy, effective March 27, 2024.

2024年3月26日，Hashdex官方宣布，旗下Hashdex比特幣期貨ETF將更名為Hashdex比特幣ETF，股票代號為「DEFI」。這項策略調整反映了該基金向現貨比特幣投資策略的過渡，將於 2024 年 3 月 27 日生效。

Asset Allocation and Investment Strategy

資產配置與投資策略

The newly converted ETF will allocate a substantial portion of its assets, at least 95%, to spot Bitcoin held directly. Up to 5% of the remaining assets may be invested in CME-traded Bitcoin futures contracts, as well as cash and cash equivalents. This allocation aligns with Hashdex's unwavering faith in Bitcoin as an investment opportunity with transformative potential.

新轉換的 ETF 將分配其大部分資產（至少 95%）來直接持有的現貨比特幣。剩餘資產的最多 5% 可以投資於 CME 交易的比特幣期貨合約以及現金和現金等價物。這種配置符合 Hashdex 對比特幣作為具有變革潛力的投資機會的堅定信念。

Executive Perspectives

高階主管視角

Marcelo Sampaio, Hashdex's co-founder and CEO, expressed the firm's long-held conviction in Bitcoin's generational significance since its inception in 2018. Samir Kerbage, Hashdex's chief investment officer, extended an invitation to investors from all backgrounds to join Hashdex's mission of pioneering digital asset accessibility.

Hashdex 聯合創始人兼首席執行官 Marcelo Sampaio 表達了該公司自 2018 年成立以來對比特幣時代意義的長期信念。Hashdex 首席投資官 Samir Kerbage 邀請來自各種背景的投資者加入 Hashdex 開拓數位化的使命資產可拓數位化的使命資產可及性。

Entry into Competitive Market

進入競爭市場

Hashdex's entry into the US spot Bitcoin ETF market marks a significant moment, albeit with a slight delay compared to other issuers. Nevertheless, the market has witnessed robust growth, with cumulative inflows approaching $25.5 billion, according to data from Farside Investors. BlackRock and Fidelity ETFs account for a dominant 80% of this figure.

Hashdex 進入美國現貨比特幣 ETF 市場標誌著一個重要時刻，儘管與其他發行人相比略有延遲。儘管如此，根據 Farside Investors 的數據，該市場仍出現強勁成長，累計資金流入接近 255 億美元。貝萊德和富達 ETF 佔據了這一數字的 80% 的主導地位。

Competitive Landscape and Fees

競爭格局和費用

Amidst this competitive landscape, Hashdex's ETF will charge an annual management fee of 0.90%, placing it slightly above the industry average of approximately 0.30%. Notably, it remains below the 1.5% fee levied by the Grayscale Bitcoin Trust (GBTC), a prominent investment vehicle in the Bitcoin space.

在這種競爭格局下，Hashdex的ETF將收取0.90%的年管理費，略高於約0.30%的產業平均。值得注意的是，它仍然低於比特幣領域著名投資工具灰階比特幣信託基金 (GBTC) 收取的 1.5% 的費用。

Conclusion

結論

Hashdex's conversion of its futures ETF into a spot Bitcoin ETF signals the firm's commitment to providing investors with diversified exposure to the digital asset market. Amidst a rapidly evolving regulatory environment, Hashdex's move reflects its proactive response to the growing demand for direct Bitcoin investment opportunities. As the spot Bitcoin ETF market continues to attract attention, Hashdex's entry with its competitive fee structure and innovative approach is likely to attract a substantial following.

Hashdex 將其期貨 ETF 轉換為現貨比特幣 ETF，這表明該公司致力於為投資者提供多元化的數位資產市場曝險。在快速變化的監管環境中，Hashdex 的舉動反映了其對直接比特幣投資機會不斷增長的需求的積極響應。隨著現貨比特幣 ETF 市場持續受到關注，Hashdex 憑藉其具有競爭力的費用結構和創新方法的進入可能會吸引大量追隨者。