ADDED
The Trust operates pursuant to the Third Amended and Restated Trust Agreement dated September 18, 2025.
The Trust s investment objective is to align the daily changes in the Shares net asset value ( NAV ) with the daily price changes of the Index, minus operational expenses and liabilities, by investing in the index constituents ( Index Constituents ).
An investment in the Trust is subject to the risks of an investment in the Index Constituents of which are subject to a high degree of price variability, as well as to the risks of crypto asset markets more generally.
In the opinion of management of the Sponsor of the Trust, all adjustments (which include normal recurring adjustments) necessary to present fairly the financial position and results of operations for the 3 months ended September 30, 2025 and for the period from January 21, 2025 through September 30,2025, and for all interim periods presented have been made.
The NAV and NAV per Share will be calculated using the fair value of the Index Constituents held by the Trust based on the price provided by this exchange market, as of 4:00 p.m.
The cost basis of the investment of crypto assets recorded by the Trust for financial reporting purposes is the fair value of such crypto asset at the time of purchase.
The assets of the Trust consist of the crypto assets held by the Trust that follows Nasdaq Crypto US Settlement Price Index ( NCIUSS ),, cash and cash equivalents.
The Trust intends to sell its holdings to pay the Management fee.
Coinbase Custody Trust Company, LLC and BitGo Trust Company, Inc (the Custodians ) keeps custody of all of the Trust s crypto assets, on behalf of the Trust.
In June 2025, the Fund entered into a custody services agreement with Fidelity Digital Asset Services, LLC to provide custodial services for digital assets.
REMOVED
F- 1 Hashdex Nasdaq Crypto Index US ETF SCHEDULE OF INVESTMENTS June 30, 2025* (Unaudited) Description: Assets Fair Value Percentage of Net Assets Quantity Crypto Assets Bitcoin $ 110,683,388 88.12 % 1,028.79474340 Ether 14,884,342 11.84 5,924.54598631 Total Crypto Assets (cost $ 101,364,710 ) 125,567,730 99.97 Total Investments (cost $ 101,364,710 ) 125,567,730 99.97 Other Assets in Excess of Liabilities 40,799 0.03 Total Net Assets $ 125,608,529 100.00 % * No comparative statement shown/provided as it is the Trust s first fiscal year of operations.
The Trust operates pursuant to the Trust Agreement dated December 23, 2024.
Under its current investment objective, the Trust is limited to holding only two components: bitcoin and ether.
The Trust s investment objective is to align the daily changes in the Shares net asset value ( NAV ) with the daily price changes of the Index, minus operational expenses and liabilities, by investing in the index constituents ( Index Constituents ), which are only bitcoin and ether, in the same proportions of the Index.
An investment in the Trust is subject to the risks of an investment in bitcoin and in ether, both of which are subject to a high degree of price variability, as well as to the risks of crypto asset markets more generally.
In the opinion of management of the Sponsor of the Trust, all adjustments (which include normal recurring adjustments) necessary to present fairly the financial position as of June 30, 2025, and results of operations for the three months and the period from January, 21 2025 through June 30, 2025, and for all interim periods presented have been made.
The NAV and NAV per Share will be calculated using the fair value of bitcoin and ether based on the price provided by this exchange market, as of 4:00 p.m.
The cost basis of the investment of cryptocurrencies recorded by the Trust for financial reporting purposes is the fair value of such cryptocurrency at the time of purchase.
The assets of the Trust consist of bitcoin, ether, cash and cash equivalents.
The Trust intends to sell its holdings in ether and bitcoin to pay the Management fee.