Hashdex Nasdaq CME Crypto Index ETF | 10-Q: FY2026 Q1 Revenue: USD 0

Revenue: As of FY2026 Q1, the actual value is USD 0.

EBIT: As of FY2026 Q1, the actual value is USD -66.29 K.

Hashdex Nasdaq CME Crypto Index ETF operates as a single operating segment due to its singular investment strategy, as determined by the Chief Operating Decision Maker (CODM).

Net Assets

Total Net Assets decreased from $121,287,477 as of December 31, 2025, to $98,081,994 as of March 31, 2026. This decrease was primarily driven by a net decrease in net assets resulting from operations of - $29,540,506, partially offset by net capital share transactions totaling $6,335,023.

Shares Outstanding and Net Asset Value (NAV) per Share

Shares Outstanding were 5,690,000 as of March 31, 2026, compared to 5,340,000 as of December 31, 2025. NAV per Share was $17.24 as of March 31, 2026, down from $22.71 as of December 31, 2025.

Investment Performance (Three months ended March 31, 2026)

Average daily total net assets were $107,533,113 for the three months ended March 31, 2026. Net realized and unrealized loss on Index Constituents was - $29,474,218 for the three months ended March 31, 2026. Net income (loss) was - $29,540,505 for the three months ended March 31, 2026. Total return at net asset value was - 24.11% for the three months ended March 31, 2026.

Expenses

Management Fees were $132,575 for the three months ended March 31, 2026. Total fees and other expenses (excluding Management Fees) were $0 for the three months ended March 31, 2026. The Total gross expense ratio was 0.50% and the Total expense ratio was 0.25% for the three months ended March 31, 2026. Net investment income was - 0.25% for the three months ended March 31, 2026.

Capital Share Transactions

Shares issued were 350,000 for the three months ended March 31, 2026. Redemption of Shares was 0 for the three months ended March 31, 2026.

Crypto Asset Holdings

As of March 31, 2026, the Trust held 8,796,626 Index Constituents with a fair value of $98,000,953, and cash of $102,236. The crypto asset constituents and their weightings as of March 31, 2026, included Bitcoin (76.86%), Ether (12.71%), XRP (5.84%), Solana (3.25%), Cardano (0.65%), Stellar (0.31%), and Chainlink (0.38%).

Future Outlook and Strategy

Hashdex Nasdaq CME Crypto Index ETF’s investment objective is to provide investors with price exposure to Index Constituents by tracking daily changes in the Nasdaq CME Crypto Settlement Price Index™ (NCIS), employing a passive investment strategy that only invests in digital assets that are constituents of the Index. The Trust’s primary source of liquidity is transfers and sales of Index Constituents, relying solely on its cash and cash equivalents to meet liquidity needs without intending to establish a credit facility. Effective March 16, 2026, the Sponsor’s Management Fee was reduced from 0.50% to 0.25% per annum of the Trust’s net asset value.