Victory Capital filed with the SEC to launch a new crypto ETF based on the NASDAQ crypto index

Victory Capital filed S-1 with the U.S. Securities and Exchange Commission (SEC) to launch a new crypto exchange-traded fund (ETF) that will be tracking the performance of the NASDAQ crypto index (NCI): VictoryShares Hashdex Nasdaq Crypto Index ETF.

One of the Twitter users, Walter Bloomberg, shared the following:

Victory Capital files S-1 with SEC to launch new crypto ETF

The Nasdaq Crypto Index is made up of large market capitalization cryptocurrencies. It was created in partnership with Hashdex – a crypto-focused asset management company.


Source: SEC

Hashdex was created with the mission of building a simplified bridge between traditional financial markets and the crypto market. Founded in early 2018, Hashdex pioneered the world’s first crypto index funds. The company manages index, passive and systematic crypto funds currently available to non-U.S. investors.

The S-1 form was filed today by Victory Capital Digital Assets, LLC, based in Delaware. At the beginning of June this year, Victory Capital Holdings traded on NASDAQ when VCTR partnered with Hashdex. Additionally, Victory Capital will be offering private funds that track the Nasdaq Bitcoin Reference Price Index as well as the Nasdaq Ethereum Price Index. Hashdex will provide its trading and asset management expertise to each of these products.

Via this partnership, Victory Capital intended to enter the crypto market with a new crypto ETF. Hashdex will provide assistance for the creation and launch of these products.

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