Hashdex 通过期货 ETF 转换加入美国现货比特币 ETF 市场

资产管理公司Hashdex已将其期货ETF转换为Hashdex比特币ETF（“DEFI”）以持有现货比特币，标志着其进入美国现货比特币ETF市场。该基金将至少 95% 的资产分配给现货比特币，其余 5% 分配给比特币期货合约、现金和现金等价物。

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

Hashdex通过期货ETF转换进入美国现货比特币ETF市场

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.

著名资产管理公司Hashdex宣布将其现有的期货交易所交易基金（ETF）转换为现货比特币ETF，使其能够直接持有实物比特币，这是一项重大举措。这一变革性举措使 Hashdex 成为新兴的美国现货比特币 ETF 市场的最新进入者。

Renaming and Conversion

重命名和转换

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比特币期货ETF将更名为Hashdex比特币ETF，股票代码为“DEFI”。这一战略调整反映了该基金向现货比特币投资策略的过渡，将于 2024 年 3 月 27 日生效。

Asset Allocation and Investment Strategy

资产配置与投资策略

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.

新转换的 ETF 将分配其大部分资产（至少 95%）来直接持有的现货比特币。剩余资产的最多 5% 可以投资于 CME 交易的比特币期货合约以及现金和现金等价物。这种配置符合 Hashdex 对比特币作为具有变革潜力的投资机会的坚定信念。

Executive Perspectives

高管视角

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 联合创始人兼首席执行官 Marcelo Sampaio 表达了该公司自 2018 年成立以来对比特币时代意义的长期信念。Hashdex 首席投资官 Samir Kerbage 邀请来自各种背景的投资者加入 Hashdex 开拓数字化的使命资产可及性。

Entry into Competitive Market

进入竞争市场

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 进入美国现货比特币 ETF 市场标志着一个重要时刻，尽管与其他发行人相比略有延迟。尽管如此，根据 Farside Investors 的数据，该市场仍出现强劲增长，累计资金流入接近 255 亿美元。贝莱德和富达 ETF 占据了这一数字的 80% 的主导地位。

Competitive Landscape and Fees

竞争格局和费用

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.

在这种竞争格局下，Hashdex的ETF将收取0.90%的年管理费，略高于约0.30%的行业平均水平。值得注意的是，它仍然低于比特币领域著名投资工具灰度比特币信托基金 (GBTC) 收取的 1.5% 的费用。

Conclusion

结论

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 将其期货 ETF 转换为现货比特币 ETF，这表明该公司致力于为投资者提供多元化的数字资产市场敞口。在快速变化的监管环境中，Hashdex 的举动反映了其对直接比特币投资机会不断增长的需求的积极响应。随着现货比特币 ETF 市场持续受到关注，Hashdex 凭借其具有竞争力的费用结构和创新方法的进入可能会吸引大量追随者。