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Crypto & Bitcoin

Hashdex Adds Jane Street to Crypto Index ETF Authorized Participants

Reported by NewsBTC

Image: NewsBTC

Hashdex Nasdaq CME Crypto Index ETF has added Jane Street Capital to its list of authorized participants, according to an October 30 prospectus supplement . The document updates the firms able to participate in the product’s creation-and-redemption arrangements. It is a market-structure development rather than a statement that Jane Street has made a long-term investment in the fund. That distinction matters when institutional names become attached to crypto products. The SEC’s investor glossary describes authorized participants as financial institutions that enter contractual arrangements to buy and redeem creation units.

This is an excerpt. The reporting belongs to NewsBTC.

Read the full report on newsbtc.com
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