Hashdex | Crypto

Options on Hashdex’s diversified NCIQ ETF now let investors hedge, generate income and manage risk across a broad basket of digital assets.

The exchange-traded fund (ETF) is the second multi-asset cryptocurrency investment vehicle approved for trading in the United States. Asset manager Hashdex expanded its Crypto Index US exchange-traded fund (ETF) to include XRP (XRP), SOL (SOL) and Stellar (XLM) following the generic listing rule change from the Securities and Exchange Commission (SEC). The Nasdaq stock exchange-listed ETF now includes five cryptocurrencies held 1:1 by the fund, including Bitcoin (BTC) and Ether (ETH), and is trading under the ticker symbol NCIQ, according to Thursday’s announcement. The SEC approved generic listing standards for ETFs in September, paving the way for a faster ETF approval process for eligible cryptocurrencies. Read more

Hashdex filed with the SEC to expand its Nasdaq Crypto Index US ETF beyond Bitcoin and Ethereum, seeking approval to add Solana, Cardano, and XRP under newly adopted generic listing standards. The filing enables the fund to track the complete composition of the Nasdaq crypto index rather than limiting holdings to the two largest digital […] The post Hashdex files to add SOL, ADA, XRP to crypto index ETF under new SEC standards appeared first on CryptoSlate.