Hashdex has filed with the U.S. Securities and Exchange Commission (SEC) to amend its Nasdaq Crypto Index US ETF (NCIQ) to include additional cryptocurrencies such as Solana, XRP, and Cardano. This proposal follows the SEC's recent approval of Hashdex's fund, which primarily focuses on Bitcoin and Ethereum. The NCIQ, which debuted with around $66 million in assets, aims to expand its coverage of altcoins, aligning with a growing trend among fund managers to diversify crypto-tracking exchange-traded funds. The filing shows the increasing demand for cryptocurrency funds, with significant net inflows into both Bitcoin and Ethereum-focused offerings in recent months. Hashdex plans to ensure the investment proportions are based on free-float market capitalizations, further stressing the importance of these new additions in tapping the altcoin market.

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