HashKey Capital Launches HashKey 20 Index Fund, Bridging Residency and Digital Asset Investment in Hong Kong

SINGAPORE - 17 FEBRUARY 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 to institutional and accredited investors following its official launch today. With the launch of Hong Kong’s New Capital Investment Entrant Scheme (CIES) last March, HashKey 20 was designed to offer investors a dual advantage—providing a compliant and diversified digital asset investment product while also serving as a pathway to residency.

“With this development, the launch of HashKey 20 is especially timely. As the city cements its status 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 20 Index (“Top 20 Index”), launched last January, outpacing other top indexes in year-to-date average 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 provides investors with a diversified and efficient avenue to capture the overall market’s growth. In addition to the Top 20 Index, HashKey Capital Limited successfully launched two other indexes in collaboration with FTSE Russell, a London Stock Exchange Group (LSEG) business; namely, the FTSE Custom Digital Asset Infrastructure Index and the FTSE Custom Digital Asset Application 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 and in-depth research in the digital asset industry. This synergy is evident in the asset breakdown of HashKey 20. Built on a foundation of Bitcoin and Ethereum, the other altcoins in the HashKey 20 were strategically chosen through a detailed methodology and selection process that considered multiple attributes, so that they reflected and captured broader market trends. The HashKey 20 thus gives institutions and accredited investors exposure to crypto while sparing them the challenge of researching and selecting individual coins. 

“Many investors have historically shied away from the crypto market. The HashKey 20 simplifies the process of getting started with crypto. Instead of having to choose, purchase, and store different coins, we package the 20 largest coins into a single, all-telling index: This is your go-to barometer 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 tokens may 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 to different cryptocurrencies, in which case HashKey Capital can also assist. Taken together, institutions and accredited investors can come to HashKey Capital for broad access to crypto and more targeted investments.

“Investing in crypto is a long-term process. We suggest that investors begin with broad exposure to the sector before gaining the expertise needed to pick individual coins. Through our flagship index fund and spot ETFs, HashKey Capital intends to support investors on every step of this journey,” said Jupiter Zheng, Partner, Liquid Funds and Research. 

Institutions or accredited investors interested in purchasing shares in HashKey 20 are encouraged to contact the team at [email protected].