Hashdex Commodities Trust

Hashdex Commodities Trust

Hashdex Commodities Trust was founded in 2021 by Marcelo Sampaio and Bruno Ramos, both former investment bankers with experience in structured products. The firm is a regulated commodity pool that issues shares on a public exchange, providing indirect exposure to digital assets without requiring investors to directly hold them. Its structure mirrors that of a traditional commodity trust, with a focus on cryptoassets like Bitcoin and Ethereum plus other digital commodities. The trust primarily allocates to digital assets, with an emphasis on large-cap cryptocurrencies. According to public filings, the portfolio includes Bitcoin, Ethereum, and a selection of altcoins. The firm uses a passive index-based strategy, rebalancing quarterly. Geographic distribution is primarily Brazilian investors, though the vehicle is structured for international access. Sampaio and Ramos have stated their goal is to demystify crypto investment for institutional and retail alike. The firm has not disclosed its exact AUM; estimates based on exchange-traded share volumes suggest a mid-hundreds-of-millions range (Altss estimate). The team is lean, with fewer than 20 employees. In 2024, the trust added Avalanche and Chainlink to its basket (per the firm's 2024 annual report). No additional offices or philanthropic vehicles have been publicly identified. The structural differentiator is the trust's tax- and regulatory-efficient wrapper in Brazil — unlike many crypto funds that operate offshore, Hashdex Commodities Trust is domiciled in Brazil and registered with the CVM, offering local investors transparency and potential tax advantages. This domestic capacity is rare among crypto asset managers in Latin America.