Hashdex, a prominent crypto asset manager, has recently submitted an amendment to the U.S. Securities and Exchange Commission (SEC) to include litecoin (LTC) and XRP in its Nasdaq Crypto Index US ETF. This move demonstrates Hashdex’s commitment to offering investors exposure to a diverse range of cryptocurrencies beyond just bitcoin (BTC) and ether (ETH).
In addition to LTC and XRP, the proposal also seeks to add other popular altcoins to the fund, including cardano’s ADA, solana’s SOL, as well as LINK, AVAX, and UNI. This expansion of the fund’s portfolio aims to provide investors with a more comprehensive and varied selection of digital assets to invest in.
While the Hashdex Nasdaq Crypto Index US ETF is primarily focused on bitcoin with some exposure to ether, the alternative version of the fund available on the Bermuda Stock Exchange, the Hashdex Nasdaq Crypto Index ETF, already offers a broader range of cryptocurrencies. This new proposal is designed to give investors regulated access to the crypto market through a diversified set of digital assets.
By seeking to add litecoin, XRP, and other altcoins to its Nasdaq Crypto Index US ETF, Hashdex is demonstrating its commitment to meeting the evolving needs of investors in the rapidly growing cryptocurrency space. This move highlights the increasing demand for regulated investment vehicles that provide exposure to a wider range of digital assets beyond just bitcoin and ether.
Investors looking to diversify their crypto portfolios and gain exposure to a broader range of digital assets may find the Hashdex Nasdaq Crypto Index US ETF to be a compelling option. With the potential addition of litecoin, XRP, and other altcoins, this fund aims to provide investors with a regulated and diversified way to invest in the dynamic and evolving crypto market.