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Hashdex Adds Jane Street as Authorized Participant for Crypto Index ETF
(23 hours ago) · 1 source · Summarized by CryptoBipto
Hashdex has added Jane Street, a major trading firm, as an authorized participant for its crypto index ETF. Authorized participants play a key role in ETF operations by creating and redeeming shares to keep the fund's price aligned with its underlying assets.
WHY IT MATTERS
An ETF, or exchange-traded fund, is a type of investment product that trades on a stock exchange, similar to a regular stock.
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SOURCES
- newsbtc.com
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ETFsInstitutional AdoptionMarket InfrastructureJane Street
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