On March 14, 2025, Hashdex submitted an amendment for its Nasdaq Crypto Index US ETF filing to the SEC, file number 333-280990, indicating an expansion of the fund’s crypto holdings. The amendment aims to diversify the ETF’s exposure, previously limited to Bitcoin and Ethereum, by including additional cryptocurrencies like SOL, XRP, and ADA. This change could enhance asset diversity for investors, thus broadening market exposure to various cryptocurrencies. According to a Nasdaq Rule Change Proposal Review, such amendments are part of broader strategic shifts aimed at increasing market resilience.

Hashdex Unveils Broader Crypto Strategy in ETF Filing Amendment

Hashdex’s filing introduces significant changes to its crypto index, transitioning from the Nasdaq Crypto US Settlement Price™ Index to a broader focus. This shift is designed to incorporate cryptocurrencies such as SOL and ADA along with existing assets like Bitcoin and Ethereum. The ETF aims to provide a diversified asset portfolio for investors. This adjustment broadens the market scope by incorporating cryptocurrencies operating on their respective networks, extending beyond just Bitcoin and Ethereum. Investors could potentially benefit from exposure to rising market trends and emerging digital assets. The crypto community shows mixed reactions to the inclusivity of several digital currencies into a single index. Market participants speculate on the stability and growth potential involving these cryptocurrencies. No direct statements have been made by the Hashdex executives regarding this amendment.

“Diversification is a common strategy in ETFs to mitigate the risks associated with volatile markets,” note experts, emphasizing the potential for smoother returns in diversified portfolios.

Experts Analyse Market Impact as Bitcoin Trades Over $80k

Bitcoin is currently trading at $82,913.00, fluctuating around resistance levels, with neutral market trends as suggested by its Relative Strength Index (RSI) at 43.73. This pricing behavior reflects historical resistance levels, providing continuity in market analysis.

Did you know? The expansion to include diverse cryptocurrencies could mirror historical ETF trends where diversification often mitigates market volatility, offering investors potentially smoother returns. Experts suggest that including multiple cryptocurrencies within the Hashdex ETF could provide a buffer against market swings characteristic to individual digital assets. This approach is seen as a strategic maneuver to align with broader market trends and investor demand for diversified crypto investment tools.