Hashdex Seeks to Broaden U.S. Crypto ETF to Embrace Litecoin, XRP and Different Altcoins

Markets, Hashdex, ETF, Regulation The proposed modification would come with numerous cryptocurrencies within the within the Hashdex Nasdaq Crypto Index US ETF. 

Crypto asset supervisor Hashdex filed an amendment with the U.S. Securities and Exchange Commission (SEC) looking for so as to add litecoin (LTC) and XRP amongst different cryptocurrencies to its Nasdaq Crypto Index US ETF.

The proposal additionally lists cardano’s ADA, solana’s SOL and different altcoins together with LINK, AVAX and UNI. The fund is presently largely bitcoin (BTC) with some publicity to ether (ETH), in accordance with Hashdex’s website.

An various model of the fund traded on the Bermuda Stock Exchange, the Hashdex Nasdaq Crypto Index ETF, already affords publicity to the broader basket of cryptocurrencies. The Hashdex Nasdaq Crypto Index US ETF is designed to trace a diversified set of digital property, providing buyers regulated publicity to the crypto market.

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