Hashdex Aims to Enhance U.S. Crypto ETF by Including Litecoin, XRP, and Other Altcoins

What You Need to Know

Hashdex is seeking to include Litecoin (LTC), XRP, Cardano (ADA), Solana (SOL), Chainlink (LINK), Avalanche (AVAX), and Uniswap (UNI) in its U.S. crypto ETF.
This amendment aims to diversify the fund, which is currently heavily invested in Bitcoin (BTC).
A similar ETF in Bermuda shows a broader range of cryptocurrencies.

Recent Developments

Crypto asset manager Hashdex has submitted an amendment to the U.S. SEC with the goal of adding various cryptocurrencies, including Litecoin and XRP, to its Nasdaq Crypto Index US ETF.

The proposal also includes Cardano’s ADA, Solana’s SOL, and other altcoins like LINK, AVAX, and UNI. Presently, the fund primarily consists of Bitcoin (BTC) and includes some Ether (ETH) exposure, as noted on Hashdex’s website.

A different version of this fund, trading on the Bermuda Stock Exchange, offers a wider array of cryptocurrencies, establishing the Hashdex Nasdaq Crypto Index US ETF as a regulated investment vehicle in the digital asset market.