Hashdex crypto ETF launches tiered staking revenue sharing model

Hashdex filed a Form 8‑K with the U.S. Securities and Exchange Commission outlining the structure of its new Nasdaq CME Crypto Index ETF (ticker NCIQ). The fund returns 100 % of the initial staking yields to investors. Once net staking income exceeds an annual threshold equal to 0.25 % of the common‑share net asset value, the excess is split 40 % to Hashdex and 60 % to the trust that holds the ETF shares.

Provider fees are deducted first, followed by a sponsor share held by Hashdex. The remaining net income up to the threshold goes entirely to shareholders; any amount above that is allocated according to the 40‑/60‑percent split. The filing names Coinbase Cloud as the initial staking provider and details validator commissions of 5‑8 % for assets such as Ether, Solana and Cardano. The design aims to align the manager’s earnings with the fund’s staking performance while giving investors full access to modest returns and a share of higher‑yield excess earnings.

The ETF is marketed in Hong Kong and elsewhere, and the filing establishes the revenue‑sharing mechanism for the product’s investors.