Singapre, Feb. 17, 2025 – The HashKey FTSE Digital Asset Top 20 Index Fund(“HashKey 20”), the first multi-token crypto index fund approved by the SFC, is now open toinstitutional and accredited investors following its official launch today. With the launch of HongKong’s New Capital Investment Entrant Scheme (CIES) last March, HashKey 20 was designedto offer investors a dual advantage—providing a compliant and diversified digital assetinvestment product while also serving as a pathway to residency.
“With this development, the launch of HashKey 20 is especially timely. As the city cements itsstatus as a hub for crypto innovation, investors can strategically invest in a regulated, institutional-grade fund while meeting residency requirements,” said Vivien Wong, Partner,Liquid Funds.
The index fund launch follows a strong performance of the FTSE Custom Digital Asset Top 20Index (“Top 20 Index”), launched last January, outpacing other top indexes in year-to-dateaverage of +109.44% YoY (as of 31 Jan 2025) and net value of 85.0% YoY by the end of 2024.Closely mirroring the performance of the total crypto market cap index, HashKey 20 providesinvestors with a diversified and efficient avenue to capture the overall market’s growth. Inaddition to the Top 20 Index, HashKey Capital Limited successfully launched two other indexesin collaboration with FTSE Russell, a London Stock Exchange Group (LSEG) business; namely, the FTSE Custom Digital Asset Infrastructure Index and the FTSE Custom Digital AssetApplication Index. The HashKey 20 is the first of the three indexes to launch as an index fund.
Each index is a perfect combination of FTSE’s index expertise and HashKey’s continuing andin-depth research in the digital asset industry. This synergy is evident in the asset breakdown ofHashKey 20. Built on a foundation of Bitcoin and Ethereum, the other altcoins in the HashKey20 were strategically chosen through a detailed methodology and selection process thatconsidered multiple attributes, so that they reflected and captured broader market trends. The HashKey 20 thus gives institutions and accredited investors exposure to crypto while sparingthem the challenge of researching and selecting individual coins.
“Many investors have historically shied away from the crypto market. The HashKey 20 simplifiesthe process of getting started with crypto. Instead of having to choose, purchase, and storedifferent coins, we package the 20 largest coins into a single, all-telling index: This is your go-tobarometer for the overall health of the crypto sector,” said Wong. In addition to Bitcoin and Ethereum, the HashKey 20 currently includes Solana, Dogecoin, Cardano, Avalanche, ChainLink, Polkadot, Stellar, Filecoin, and Ripple, but individual tokensmay be replaced for others on a quarterly basis depending on their market capitalisation.
For many investors, the HashKey 20 may also be an entry point into more targeted exposure todifferent cryptocurrencies, in which case HashKey Capital can also assist. Taken together,institutions and accredited investors can come to HashKey Capital for broad access to cryptoand more targeted investments.
“Investing in crypto is a long-term process. We suggest that investors begin with broadexposure to the sector before gaining the expertise needed to pick individual coins. Through ourflagship index fund and spot ETFs, HashKey Capital intends to support investors on every stepof this journey,” said Jupiter Zheng, Partner, Liquid Funds and Research.
Institutions or accredited investors interested in purchasing shares in HashKey 20 areencouraged to contact the team at [email protected].
About HashKey Capital
HashKey Capital is a global digital asset and blockchain leader helping institutions, foundersand talents advance the blockchain industry.
