In a groundbreaking move for the cryptocurrency investment landscape, Hashdex has filed an amendment with the SEC to expand its Nasdaq Crypto Index US ETF (NCIQ). Announced in March 2025, this filing proposes the inclusion of seven additional altcoins alongside the existing Bitcoin and Ethereum holdings, signaling a significant diversification in the fund's portfolio.
The proposed altcoins include prominent names such as Solana (SOL), XRP, and Cardano (ADA), among others. This expansion aims to offer investors broader exposure to the digital asset market, reflecting the growing demand for diversified crypto investment vehicles. Hashdex's strategic move comes just months after the ETF's initial approval by the SEC to track Bitcoin and Ethereum.
Currently managing approximately $70 million in assets, the Nasdaq Crypto Index US ETF operates with a competitive fee of 0.25% and plans for annual rebalancing to maintain alignment with market trends. This structure is designed to provide a cost-efficient and secure way for institutional and retail investors to engage with the volatile yet promising crypto market.
The crypto community and financial analysts are abuzz with speculation on how this expansion could influence market dynamics. The inclusion of altcoins in a mainstream ETF could potentially drive liquidity and legitimacy to these assets, further integrating them into traditional financial systems.
Hashdex's filing with the SEC is still under review as of June 2025, and the outcome could set a precedent for future crypto-based financial products. If approved, this ETF expansion may encourage other asset managers to follow suit, potentially leading to a wave of innovation in the ETF space.
Investors are advised to monitor developments closely, as regulatory decisions and market responses will play a critical role in shaping the future of crypto investments. For now, Hashdex remains at the forefront of bridging the gap between traditional finance and the rapidly evolving world of digital assets.
Andrew Lee
