New ETF FOMO11 arrives in Brazil in April; Details

• New FOMO11 ETF in Brazil.
• Released April 2nd.
• Focus on crypto trends.

The crypto market in Brazil is about to gain a new player: Hashdex's FOMO11 ETF. Scheduled to launch on April 2, 2025, the fund promises to be a gateway for investors looking to follow the main trends in the cryptocurrency market, with a strategic and regulated approach.

FOMO11 is based on the Vinter Hashdex Risk Parity Momentum index, combining the identification of assets with the best recent performance (momentum) with a risk parity model, which seeks to balance and diversify the portfolio. This sophisticated methodology aims to capture the most promising opportunities in the market, while managing the risks inherent to crypto assets.

“FOMO11 is a physically backed ETF. The objective of this product is to offer investors a simple, safe and cost-efficient way to gain exposure to the Vinter Hashdex Risk Parity Momentum Index. It is fully backed by the underlying crypto assets that make up its basket,” he described in his website official.

FOMO11 stands out for its accessibility, with an estimated initial investment of R$30 per share. The fund's overall fee will be 2%, and the offering will be coordinated by Genial Institucional and Itaú BBA.

“The fund aims to reflect, before the incidence of fees and expenses, the variations and profitability in 12 (twelve) months of the Vinter Hashdex Risk-Parity Momentum Index”.

The ETF promises exposure to the top 12 crypto assets by market capitalization, such as BTC, XRP, SOL, with a greater weighting in the best-performing assets. Advanced risk management, monthly rebalancing, and a performance and risk-based allocation strategy complete the FOMO11 package of advantages.

Source: Hashdex

“The fund is intended for general investors who accept the risks inherent in the investment and seek profitability consistent with the fund’s objective. If the investment in the fund is made by a non-resident investor, the non-resident investor must assess the suitability of the acquisition of the fund’s shares in accordance with the legislation applicable in his/her jurisdiction.”

With the launch of FOMO11, Hashdex seeks to democratize access to the cryptoasset market, offering an innovative and regulated product for investors.

It is worth remembering that, last week, in an initiative in the cryptocurrency sector, Brazil stood out by receiving approval to launch the world's first spot XRP ETF . The Brazilian Securities and Exchange Commission (CVM) has given the green light to the ETF, which will be managed by Hashdex. The date of its debut on the Brazilian stock exchange, B3, has yet to be announced, but Hashdex promises to release more information “soon.”