Digital CurrencyHashdex Seeks SEC Approval to Expand Crypto ETF with Litecoin and XRP

Hashdex Seeks SEC Approval to Expand Crypto ETF with Litecoin and XRP

Crypto asset manager Hashdex has filed an amendment with the U.S. Securities and Exchange Commission (SEC) to include litecoin (LTC), XRP, and several other cryptocurrencies in its Nasdaq Crypto Index US ETF.

The proposal also seeks to add cardano (ADA), solana (SOL), chainlink (LINK), avalanche (AVAX), and uniswap (UNI) to the fund. Currently, the ETF primarily consists of bitcoin (BTC) with some exposure to ether (ETH), according to Hashdex’s website.

A similar version of the fund, the Hashdex Nasdaq Crypto Index ETF, is already traded on the Bermuda Stock Exchange and provides broader exposure to the crypto market. The U.S.-based ETF is designed to track a diversified portfolio of digital assets, offering investors regulated access to the expanding cryptocurrency sector.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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