According to a filing with regulators on Monday, Hasdex has asked the Securities Exchange Commission to approve an amendment that would allow the digital asset management firm to include XRP, Solana, Cardano and other major counterfeit products in its Hashdex Nasdaq Crypto Index U.S. ETF (NCIQ).
The fund is currently focused on Bitcoin, tracking a smaller percentage of Ethereum, and will also include Chain, Uniswap, Litecoin, and Avalanche. The filing comes as issuers are working to increase coverage of counterfeit products in their crypto-tracking exchange-traded funds. In recent months, fund managers have proposed new investment products that directly track the price of various cryptocurrencies, from Dogecoin to XRP, Solana, and even Donald Trump's official memo coin.
On Monday, Canary Capital applied for an ETF based on SUI, the native token of the 1-layer Sui blockchain.
Hashdex is seeking approval from the U.S. SEC to add Solana, XRP, Cardano, and other assets to its index ETF
2025-03-18 00:02:46
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