Hashdex CIO Samir Kerbage anticipates a pivotal SEC decision in July that could allow cryptocurrency index products to expand their asset holdings. The Hashdex Nasdaq Crypto Index US ETF (NCIQ), launched in February, currently holds Bitcoin (BTC) and Ethereum (ETH), with plans to include other cryptocurrencies such as Solana (SOL) and Cardano (ADA). Kerbage envisions the ETF evolving with market changes and regulatory developments. Grayscale is also awaiting SEC approval for its Digital Large Cap Fund ETF proposal. Scott Johnsson from Van Buren Capital notes that the SEC might create overarching rules for index products instead of case-by-case decisions for single-asset ETFs. According to Kerbage, SEC clarity could lead to allowing broader cryptocurrency holdings in US products, with the possibility of retaining small allocations for specific assets within indexes. The timeframe for regulatory progress remains uncertain, but there’s strong executive support for swift industry clarity.

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