Bruno Caratori

Co-founder and CEO at @hashdex

[Papo Econômico @opapoeconomico]

Cripto rendeu +45% em 5 anos
CDI rendeu +78%

Mistura 40% de um com 60% do outro e rebalanceia

Resultado: +85%

Mais que cripto. Mais que CDI. Os dois juntos bateram os dois separados

Isso tem nome: Shannon's Demon — o prêmio de rebalanceamento

Claude Shannon (o pai da teoria da informação) demonstrou que se você mistura um ativo volátil com um estável e rebalanceia periodicamente pra manter a proporção fixa, o retorno do portfólio supera a média ponderada dos dois ativos

Por quê? Porque o rebalanceamento te OBRIGA a fazer o que todo investidor sabe mas ninguém faz:

Cripto subiu 50%? Vende parte e compra CDI (realiza lucro)
Cripto caiu 40%? Vende CDI e compra cripto (compra barato)

Sistematicamente. Sem emoção. Sem timing

Quanto mais volátil o ativo, maior o prêmio. E cripto é o ativo mais volátil do mercado — o combustível perfeito pro Shannon's Demon

É exatamente o que fazem o Hashdex 20 e o Hashdex 40:
• Hashdex 20: 20% do índice NCI (Nasdaq Crypto Index) + 80% CDI
• Hashdex 40: 40% NCI + 60% CDI

Nos últimos 5 anos:
Hashdex 40: +85%
Hashdex 20: +80%
CDI: +78%
HASH11 (cripto puro): +45%

O mix rebalanceado bateu os dois componentes sozinhos

Desde dez/2019 a história completa:
NCI puro: +689%
Hashdex 40: +313%
Hashdex 20: +177%
CDI: +86%

"Mas o NCI rendeu mais isolado"

Sim. Mas com -70% de drawdown no caminho. Quem aguentou sem vender? Quase ninguém

O Hashdex 40 entregou +313% com Sharpe de 0,61 e 23% de vol. O cripto puro tem Sharpe negativo e 55% de vol

A gestão passiva da Hashdex nesse produto é impecável — tracking preciso do NCI, rebalanceamento sistemático, zero surpresa

Volatilidade é feature, não bug. Shannon provou isso nos anos 60. A Hashdex implementou

fonte: MCP - Mais Retorno

[Nate Geraci @NateGeraci]

2026 crypto predictions from @hashdex...

1) Stablecoins will double in market cap

2) Tokenized real-world assets grow by factor of ten

3) "AI Crypto" market will grow to $10bil

Also now recommending a 5-10% crypto allocation for most investors.

[Hashdex @hashdex]

The 1% crypto allocation is dead. We just published our 2026 Crypto Investment Outlook.

The takeaway? Professional investors are moving to 5-10%. Here's why (and what's driving it) 🧵

[Hashdex @hashdex]

🤔How should clients gain crypto exposure today?

Hashdex CIO @SamirKerbage breaks down diversification within crypto, index-based approaches, and portfolio resilience.

1 CFP / IWI / CFA CE credit.

✍️Register: https://t.co/upFr9e6wjP

[Cointelegraph @Cointelegraph]

🇺🇸 JUST IN: The SEC has approved Hashdex Nasdaq Crypto Index US ETF to operate under new generic listing standards.

The fund is now allowed to hold crypto assets beyond $BTC and $ETH including $XRP, $SOL, and $XLM.

[Eleanor Terrett @EleanorTerrett]

Another crypto index ETP is now live on the NASDAQ after meeting requirements under the new generic listing standards, giving investors access to $XRP, $SOL, and $XLM in addition to $BTC and $ETH.

[Hashdex @hashdex]

Hashdex Appoints Industry Veterans, Expanding U.S. Presence and Sales Efforts

Details: https://t.co/6WOmmyVwmC

[Hashdex @hashdex]

Hey, $XRP Army 💪 - It’s time to spotlight one of the most loved projects in #crypto.🤍

🌎Fast cross-border payments, global adoption, and powering innovation since 2012.

Yes, $XRP is part of the Nasdaq Crypto Index™, crypto’s global benchmark.

👉 Ready to show up? @Ripple

[Hashdex @hashdex]

Hey, $XLM family 👋

Hard not to value a project making global payments simple and affordable 🌍💸

And if you didn’t know yet, $XLM is included in #crypto’s global benchmark — the Nasdaq Crypto Index™

👉 Show your support for XLM / @StellarOrg 🚀

[Hashdex @hashdex]

What does recent regulatory and legislative changes in the United States mean for #crypto for the 2nd half of 2025?

Our Head of Global Market Insights @gerryoshea joined @CNBC Crypto World to discuss. https://t.co/JRfB3g2rsV

[Hashdex @hashdex]

"If you think that #crypto will be better in 5 years than it is today, the only answer for your portfolio is to invest in an index ETP"

CIO @SamirKerbage joined #DACFPVISION today in Dallas, TX to discuss with professional investors the future of the crypto ETF landscape.

[Blockworks @Blockworks]

How an upcoming SEC decision could jumpstart @Hashdex’s goal of creating “the Nasdaq 100 for crypto”:

https://t.co/t3Xv4y0iL2

[Hashdex @hashdex]

🚨 A historic day for Hashdex! 🚨

We rang the @NasdaqExchange opening bell to celebrate the launch of the Hashdex Nasdaq Crypto Index US ETF ($NCIQ) — the first multi-asset crypto ETP in the U.S.

$NCIQ prospectus: https://t.co/a7vFrTvrfO

[Nasdaq Exchange @NasdaqExchange]

Welcoming @hashdex to the @NasdaqExchange Opening Bell. https://t.co/5Gg2JkoNRq

[Exchange 2025 🔜 Las Vegas, NV @exchangeETF]

From the main stage to the show floor, @Hashdex was at the heart of the crypto ETF conversation at #ExchangeETF.

CIO @SamirKerbage joined @EricBalchunas (@BBGIntelligence) and Matt Kaufman (@Calamos) for a packed panel on what’s next for the crypto space. The key takeaway? This space is just getting started—and @Hashdex, a global pioneer in crypto asset management, is shaping what’s ahead.

From their standout booth presence to Samir’s on-stage insights, the @Hashdex team brought energy, expertise, and vision to Las Vegas.

We’re proud to partner with a firm helping move the conversation—and the industry—forward. 🤝

#Hashdex #CryptoETFs #Bitcoin #NCIQ #DigitalAssets $NCIQ

[Hashdex @hashdex]

$NCIQ

[Bruno Caratori @brunocaratori]

A testament to the work we've been doing to bring investors the best products possible.

[Hashdex @hashdex]

🏆 We’re honored to announce that Hashdex Nasdaq Crypto Index Europe - HASH has won the Digital Assets ETP of the Year award at the @ETF_Stream Awards 2024! 🎉

This prestigious recognition places HASH among the best, celebrating its excellence in the European ETF ecosystem.

[Bruno Caratori @brunocaratori]

It was great to share with @tanayamacheel at @CNBC what we've been discussing with @hashdex's clients after the crypto rally triggered by the results of the U.S. election.

[Hashdex @hashdex]

🎥In an interview with @CNBC, our COO and co-founder, @brunocaratori, shared insights on how 2025 could be a pivotal year for #crypto
🚀With the potential for a more supportive regulatory environment, we're optimistic about what this means for #Bitcoin and the broader ecosystem.

[Hashdex @hashdex]

🚀Hashdex will host @Raph_Bloch, co-founder of @TheBigWhale_, during our upcoming French webinar on Friday, November 22, at 11 AM CET. 🇫🇷

Topics:
🚀 Historic highs for #crypto assets
🗳️ U.S. #elections
📌 Other market dynamics

Register:
https://t.co/DrzmUtSid2

[Hashdex @hashdex]

We are thrilled to share that today we reached a major milestone in Europe.
The Hashdex Nasdaq Crypto Index ETP (HASH) just became the largest multi-asset #crypto ETP in Europe, with over $173M in net asset value, as of 8/15/24.