Jane Street joins Hashdex ETFs, expanding AP list to five firms

Jane Street Capital was added as an authorized participant (AP) to Hashdex's Nasdaq CME Virtual Asset Index ETF (NCIQ), bringing the fund's total AP count to five, according to an SEC Form 8-K dated October 27 and a prospectus supplement dated October 30. Jane Street joins existing APs Macquarie Capital (USA), Virtu Americas, Cantor Fitzgerald, and Marex Capital Markets, all of which are FINRA-registered broker-dealers. APs are the institutions that contract directly with the fund to create and redeem ETF share baskets, so the addition expands the primary market plumbing behind NCIQ, which tracks the Nasdaq CME virtual asset index. Wider AP coverage can support tighter spreads and smoother creation/redemption flows for the crypto-linked ETF. Watch for whether additional APs sign on and how trading volumes and spreads in NCIQ respond in coming sessions.