Hashdex files with SEC to add XRP, ADA, SOL, and other coins to its Crypto Index ETF
The securities regulator approved Hashdex’s fund last December.
Key Takeaways
- Nasdaq’s crypto ETF launched with $70 million in assets, primarily tracking Bitcoin and Ethereum.
- The ETF charges a 0.25% annual management fee, increasing to 0.50% after 2025.
Hashdex, a prominent player in the crypto ETF sector, is seeking approval from the SEC to expand its Nasdaq Crypto Index US ETF to include XRP, Solana (SOL), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI), according to a recent amendment submitted to the securities regulator.
The ETF, trading under the ticker NCIQ, officially launched on February 13 after securing approval from the SEC. The fund is also the first dual Bitcoin-Ethereum ETF in the US.
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