Roberta Antunes, responsible for the growth of Hashdex.
Hashdex, the largest cryptocurrency manager in Latin America, has changed the profile of some of its hedge funds. With this, it allows small investors to invest in these products. In addition, it reduced the minimum amount for entry into the investment to any amount.
As of this week, access will be extended to Hashdex 40 Nasdaq Crypto Index FIC FIM funds, which invest 40% in the crypto market and 60% in fixed income. In addition, it will also be extended to Hashdex 100 Nasdaq Crypto Index FIM IE, which allocates 100% of capital in crypto; Hashdex Bitcoin FIC FIM, which only invests in bitcoin; and finally, Hashdex Ethereum 100 FIC FIM, which only invests in ethereum.
Until then, only the Hashdex 20 Nasdaq Crypto Index FIC FIM, a fund that invests 20% in the crypto market and 80% in fixed income, was open to the general public. The others were intended for so-called qualified or professional investors. According to the rules of the Securities and Exchange Commission (CVM), the qualified person is the one who has at least R$ 1 million invested. The professional has more than R$ 10 million invested.
Currently, only one fund of the manager is exclusive to qualified investors. It’s the Hashdex Gold Bitcoin Risk Parity FIC FIM IE, which invests 50% in bitcoin and 50% in gold.
The company launched index funds on B3, the ETFs, which track cryptocurrencies and allow investments in smaller amounts. “We are expanding this opportunity (to enter the crypto segment with lower values) to the entire audience that prefers to invest only via funds,” said Roberta Antures, Chief of Growth at Hashdex.