- Hashdex files a revised S-1 for its Nasdaq Crypto Index ETF.
- The ETF will initially include Bitcoin and Ethereum.
- The SEC continues to review the fund after delays in August.
- Future expansion may include additional cryptocurrencies.
Hashdex Moves Closer to Launching Nasdaq Crypto Index ETF
On October 1, 2024, asset management firm Hashdex submitted a revised S-1 application for its Nasdaq Crypto Index ETF, marking another step forward in bringing the fund to market. According to reports from Cointelegraph, the U.S. Securities and Exchange Commission (SEC) is still considering whether to approve the ETF, following a request for more time back in August. The revised filing shows Hashdex’s continued commitment to launching this crypto index fund, despite regulatory hurdles.
ETF to Feature Bitcoin and Ethereum
The Hashdex Nasdaq Crypto Index U.S. ETF will initially feature two of the most prominent cryptocurrencies—Bitcoin and Ethereum. These digital assets have dominated the market for years, making them prime candidates for inclusion in the ETF. By focusing on Bitcoin and Ethereum, Hashdex aims to appeal to both institutional and retail investors looking for diversified exposure to major cryptocurrencies in a regulated framework.
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