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Hashdex amends S-1 filing to add seven altcoins, including SOL and XRP, to crypto index ETF

Asset manager Hashdex has revised its S-1 regulatory filing to expand the asset mix of its crypto index exchange-traded fund (ETF), proposing the inclusion of seven altcoins. The March 14 filing with the Securities and Exchange Commission (SEC) outlines plans to add Solana (SOL), XRP, Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI) alongside Bitcoin (BTC) and Ethereum (ETH).

Hashdex amends S-1 filing to add seven altcoins, including SOL and XRP, to crypto index ETF

The Hashdex Nasdaq Crypto Index US ETF, launched in February 2024, currently tracks only BTC and ETH, following the Nasdaq Crypto US Index. With this amendment, the fund aims to transition to the broader Nasdaq Crypto Index (NCI), which encompasses a more diverse range of digital assets. However, the proposed changes remain subject to SEC approval, and Hashdex has not provided a timeline for implementation.


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This move signals rising institutional interest in altcoins, as crypto index ETFs gain traction following the approval of spot Bitcoin ETFs in early 2024. Hashdex is not alone in broadening its ETF offerings—Grayscale has also applied to convert its Digital Large Cap Fund into an ETF, which would similarly hold multiple cryptocurrencies.

Regulatory uncertainty continues to loom over the sector, with the SEC reviewing multiple ETF proposals, including those involving staking features and expanded asset coverage. While crypto advocates see diversified ETFs as a natural evolution of digital asset investment, regulators remain cautious about the risks associated with broader market exposure. If approved, Hashdex’s expanded ETF could offer U.S. investors a regulated alternative to single-asset crypto funds, increasing exposure to the altcoin market within a structured investment framework.


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