CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
ZyCrypto 2025-03-18 13:17:51

Hashdex Seeks SEC Permission To Add Ripple’s XRP, Cardano, And Solana To Its Crypto ETF Index

Brazil-based asset manager Hashdex has amended its S-1 regulatory filing with the U.S. Securities and Exchange Commission to expand its crypto index ETF with seven additional altcoins, including XRP, Solana, and Cardano. The submission comes three months after Hashdex’s fund, which currently holds only Bitcoin and Ethereum on a market cap-weighted basis, first won SEC approval. Hashdex Combo ETF Eyes XRP, SOL, And ADA Hashdex, a prominent player in the crypto ETF sector, has asked the SEC to add a slew of altcoins to its crypto index ETF. According to a filing with the regulator on Monday, the Nasdaq Crypto Index US ETF would also include Solana (SOL), Ripple’s XRP, Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI). As of March 18, the fund holds roughly 88% of BTC and approximately 12% of ETH and has a total of $70.4 million in net assets. The filing notes that the proposed altcoins additions are “decentralized peer-to-peer computer systems that rely on public key cryptography for security, and their values are primarily influenced by market supply and demand.” It should be noted that the new tokens will be weighed based on their free float market caps. Hashdex also indicated that new crypto assets will only be considered for inclusion if they meet the predetermined “eligibility criteria” highlighted in their filing. Hashdex secured SEC approval for the index ETF in December. If cleared, the fund could offer US investors an alternative to single-asset cryptocurrency ETFs, diversifying exposure within a highly regulated and secure framework. Notably, an expanded version of the fund that covers Bitcoin and nine other altcoins is already trading on the Bermuda Stock Exchange. Regulatory Outlook Hashdex’s updated filing shows how asset managers are moving forward with planned crypto product launches now that US President Donald Trump has promised to relax regulatory enforcement against the crypto industry, which has sparked a flurry of crypto ETF applications amid optimism that the SEC under his administration will move to approve them. In recent months, would-be issuers have proposed new investment vehicles directly tracking the prices of several cryptocurrencies, from Dogecoin to XRP , Solana , and even Donald Trump’s official Solana-based meme coin, $TRUMP . On Monday, Canary Capital submitted paperwork with the SEC for an ETF based on SUI, the native token of the layer-1 Sui blockchain.

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta