New ETF FOMO11 arrives in Brazil in April;
$XRP The cryptocurrency market in Brazil is about to gain a new player: the ETF FOMO11, from Hashdex. With its debut scheduled for April 2, 2025, the fund promises to be an entry point for investors looking to track 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 aims to balance and diversify the portfolio. This sophisticated methodology aims to capture the most promising opportunities in the market while managing the inherent risks of cryptocurrencies.
“The fund is intended for general investors who accept the inherent risks of investment and seek returns 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 appropriateness of acquiring the fund's shares under the applicable legislation in their jurisdiction.”