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News

Hashdex Expands Crypto ETF Holdings via SEC Amendment

2 mins mins
Key Points:

  • Hashdex files expansion for Nasdaq Crypto Index ETF
  • Proposal includes altcoins SOL, XRP, ADA
  • Potential for broad crypto market access increase

hashdex-expands-nasdaq-crypto-index-etf-with-altcoins
Hashdex Expands Nasdaq Crypto Index ETF with Altcoins

Hashdex has submitted an amendment to the SEC to expand its Nasdaq Crypto Index US ETF composition. The SEC received the filing on March 14, 2025, file number 333-280990.

The amendment aims to diversify the ETF’s holdings, moving beyond Bitcoin and Ethereum to embrace a wider array of cryptocurrencies.

Hashdex to Add Major Altcoins to ETF Offering

Hashdex’s latest move involves submitting an effective amendment to the SEC to broaden the scope of its Nasdaq Crypto Index US ETF. Previously limited to Bitcoin and Ethereum, the proposal will now include Solana, XRP, Cardano, Chainlink, Avalanche, Litecoin, and Uniswap. Each cryptocurrency operates on its respective network, ensuring diverse blockchain representation.

This amendment marks a shift for Hashdex, expanding beyond major cryptocurrencies to incorporate a variety of altcoins. This strategic inclusion reflects a commitment to providing comprehensive market coverage for ETF investors, potentially enhancing liquidity in these digital asset markets.

Industry analysts suggest that this expansion might pave the way for other ETFs to broaden their holdings. Though real-time reactions from industry leaders or official comment from the SEC are yet awaited, the move aligns with trends toward greater regulatory acceptance of diversified crypto offerings.

Hashdex’s decision to broaden its index components signals a pivotal moment for cryptocurrency ETFs, potentially influencing other financial instruments to expand their cryptocurrency offerings.

ETF Expansion Likely to Influence Market Dynamics

Did you know?
In 2023, similar expansions in crypto ETFs influenced market trends, boosting altcoin visibility among institutional investors. Hashdex’s action could attract comparable interest today.

While there is no current price data available for each proposed cryptocurrency addition, the change in index components follows previous patterns where increased ETF diversity correlated with enhanced investor interest. Historically, the market has responded positively to inclusion in regulated investment vehicles, reinforcing Hashdex’s potential impact.

Financial experts predict that should the amendment gain approval, the expanded ETF could improve market maturity and stability. However, the response depends on regulatory feedback and broader acceptance, as well as how the additional cryptocurrencies perform in fluctuating market conditions.

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Avatar of John Kojo Kumi

John Kojo Kumi

18 March 2025, 11:35:22 GMT +0000

John Kojo Kumi is a cryptocurrency researcher and writer specializing in emerging startups, tokenomics, and market dynamics within the blockchain ecosystem. With years of experience in crypto journalism and blockchain research, he provides in-depth coverage of decentralized finance (DeFi), NFTs, and Web3 innovations.

He holds a Bachelor of Arts in Geography and Rural Development from Kwame Nkrumah University of Science and Technology, Kumasi, bringing a multidisciplinary perspective to the evolving digital asset space. As a Crypto News Writer, he tracks and reports on industry trends, while his role as a Registrar at the Commission on Human Rights and Administrative Justice reflects his commitment to governance and transparency.

His expertise spans content strategy, SEO optimization, and technical research, enabling him to craft insightful, data-driven analyses. Passionate about blockchain’s transformative potential, he strives to equip readers with the knowledge to navigate the complexities of digital assets and decentralized technologies.

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