Hashdex Adds Jane Street to Crypto Index ETF Authorized Participants
Summary
Hashdex’s October 30 prospectus supplement names Jane Street Capital as an authorized participant for its Nasdaq CME Crypto Index ETF, allowing it to take part in the fund’s share creation and redemption process. The appointment adds an operational route for adjusting share supply, but does not guarantee tighter spreads or mean Jane Street is investing in the fund or betting on crypto prices. The practical effect can be assessed through spreads, premiums or discounts, and creation and redemption activity over time.
