Hashdex Nasdaq CME Crypto Index ETF (NCIQ) adds in-kind crypto creations

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Hashdex Nasdaq CME Crypto Index ETF reported that it has amended its Authorized Participant Agreement with Virtu Americas LLC. The February 24, 2026 amendment allows Virtu to create and redeem ETF Creation Units through in-kind transfers of digital assets, alongside existing cash-based methods.

The amendment also replaces the Procedures Handbook to outline updated operational steps for both cash and in-kind transactions. The ETF’s ability to conduct in-kind creations and redemptions had previously been described in a prospectus supplement, and this agreement formally aligns Virtu’s role with those capabilities.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

02/27/2026 - 04:46 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): February 27, 2026

Hashdex Nasdaq CME Crypto Index ETF

(Exact name of registrant specified in its charter)

Delaware		001-42511		33-2103856
(State or Other Jurisdiction Of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

19 West 44th Street, Suite 200

New York, NY 10036

(Address of principal executive offices, zip code)

Registrant’s telephone number, including area code: (866) 403-5272

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class		Trading Symbol(s)		Name of Each Exchange on Which Registered
Shares of Beneficial Interest of Hashdex Nasdaq CME Crypto Index ETF		NCIQ		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 - Entry into a Material Definitive Agreement.

On February 24, 2026, Hashdex Nasdaq CME Crypto Index ETF (the “Trust”) and Hashdex Asset Management Ltd., as sponsor of the Trust (the “Sponsor”), entered into Amendment #1 (the “Amendment”) to the Authorized Participant Agreement, dated as of January 14, 2025 (the “AP Agreement”), with Virtu Americas LLC (“Virtu”).

The Amendment modifies the AP Agreement to permit Virtu to effectuate the creation or redemption of Creation Units through in-kind transfers of digital assets, in addition to the existing cash creation and redemption procedures. The Amendment also replaces the Procedures Handbook under the AP Agreement in its entirety to reflect updated procedures for both cash and in-kind transactions. The Trust’s ability to conduct in-kind creation and redemption transactions was previously disclosed in Prospectus Supplement No. 12 dated November 12, 2025, filed under Rule 424(b)(3) (Registration No. 333-280990).

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
10.1		Amendment #1 to the Authorized Participant Agreement, dated as of February 24, 2026, by and among Virtu Americas LLC, Hashdex Nasdaq CME Crypto Index ETF, and Hashdex Asset Management Ltd.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: February 27, 2026	HASHDEX NASDAQ CME CRYPTO INDEX ETF

	By:	/s/ Samir Elias Hachem Kerbage
	Name:	Samir Elias Hachem Kerbage
	Title:	Director of the Sponsor (Principal Finance Officer and Principal Accounting Officer)

Source: View Original Filing on SEC EDGAR

FAQ

What agreement did Hashdex Nasdaq CME Crypto Index ETF (NCIQ) amend with Virtu Americas LLC?

Hashdex Nasdaq CME Crypto Index ETF amended its Authorized Participant Agreement with Virtu Americas LLC. The February 24, 2026 Amendment #1 updates how Creation Units can be created or redeemed and replaces the existing Procedures Handbook with new operational procedures for both cash and in-kind transactions.

How does the new amendment affect NCIQ Creation Unit transactions?

The amendment permits Virtu to handle Creation Unit transactions using in-kind transfers of digital assets, in addition to cash. This means authorized participant activity for the ETF can now occur either by delivering cash or by transferring specified digital assets, as defined in the updated procedures.

Was in-kind creation and redemption already disclosed for Hashdex Nasdaq CME Crypto Index ETF (NCIQ)?

Yes, the ETF’s ability to conduct in-kind creation and redemption transactions was previously disclosed in Prospectus Supplement No. 12 dated November 12, 2025. The new amendment aligns Virtu’s Authorized Participant Agreement with that previously disclosed capability and formalizes related procedures.

What did Amendment #1 change in the Authorized Participant procedures for NCIQ?

Amendment #1 replaces the existing Procedures Handbook under the Authorized Participant Agreement in its entirety. The updated handbook now reflects revised operational steps for both cash and in-kind Creation Unit transactions, detailing how Virtu must process creations and redemptions for the ETF.

Who are the parties to the amended Authorized Participant Agreement for NCIQ?

The amended Authorized Participant Agreement is among Virtu Americas LLC, Hashdex Nasdaq CME Crypto Index ETF, and Hashdex Asset Management Ltd. Hashdex Asset Management Ltd. acts as the ETF’s sponsor, and the amendment documents their respective roles in creation and redemption activities.

Where can investors find the full text of the NCIQ amendment with Virtu?

The full text of Amendment #1 is filed as Exhibit 10.1 to the current report. Investors can review that exhibit to see the complete contractual language governing updated cash and in-kind Creation Unit procedures involving Virtu and the Hashdex Nasdaq CME Crypto Index ETF.

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

EX-10.1 AMENDMENT #1 TO THE AUTHORIZED PARTICIPANT AGREEMENT, DATED AS OF FEBRUARY 24, 2 106.5 KB