Hashdex is seeking approval from the US SEC to add Solana, XRP, Cardano, and other assets to its index ETF

GateUser-6433627c · 2025-03-18T00:39:04+00:00

Digital asset management company Hashdex is seeking approval from the US SEC to add XRP, Solana, Cardano, and other digital assets to its Hashdex Nasdaq Encryption Index US ETF. The ETF currently follows BTC, ETH, and will increase coverage of altcoins such as Chainlink, Uniswap, etc. Other funds are also increasing investment in altcoins, such as Canary Capital applying for an ETF based on SUI.

GateUser-6433627c

2025-03-18 00:39:04

Abstract generation in progress

【Hashdex is seeking approval from the SEC to add Solana, XRP, Cardano, and other assets to its index ETF】According to a document submitted to the regulatory agency on Monday, Hasdex has requested approval from the United States Securities and Exchange Commission to amend its Hashdex Nasdaq Encryption Index US ETF (NCIQ) to include XRP, Solana, Cardano, and other major AltCoins. The fund currently focuses primarily on Bitcoin, tracking a small percentage of Ethereum, and will also include Chainlink, Uniswap, Litecoin, and Avalanche. At the time of submitting this document, issuers are working on increasing coverage of AltCoins in their encryption tracking exchange-traded funds. In recent months, fund managers have proposed new investment products that directly track the prices of various encryption currencies, from Dogecoin to XRP, Solana, and even Donald Trump’s official memorandum coin. On Monday, Canary Capital applied for an ETF based on SUI, the native token of the 1st layer Sui blockchain.

SOL-4.41%

XRP-5.64%

ADA-4.31%

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