Hashdex amends S-1 for crypto index ETF, adds seven altcoins
Hashdex has revised its S-1 regulatory filing for its cryptocurrency index exchange-traded fund (ETF) to introduce seven altcoins alongside Bitcoin and Ether. As of March 17, the ETF, which launched in February, currently includes only Bitcoin and Ether. The newly added altcoins are Solana, XRP, Cardano, Chainlink, Avalanche, Litecoin, and Uniswap. This revision highlights the push by ETF issuers to expand their crypto product offerings, particularly following recent regulatory shifts under President Donald Trump towards a more favorable stance on digital assets. The ETF plans to transition from tracking the Nasdaq Crypto US Index, which focuses solely on Bitcoin and Ether, to the broader Nasdaq Crypto Index. Approval from the US Securities and Exchange Commission is required for these changes to take effect. The move signals an increasing interest in crypto index ETFs, seen as a next logical step for investors seeking diversified exposure in the cryptocurrency market. In December, the SEC approved Hashdex and Franklin Templeton's Bitcoin and Ether index ETFs, marking the initial step towards broader investment options in the crypto space.
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