Hashdex adds XRP and Solana to its ETF.

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Hashdex has expanded its cryptocurrency index ETF by adding XRP, Solana, and Stellar, after the SEC approved new listing rules, flexible for exchanges. Hashdex Nasdaq Crypto Index US ETF (NCIQ), which previously only followed Bitcoin and Ether, is one of the first funds to benefit from this change.

These new rules, supported by exchanges like Nasdaq, simplify and accelerate the process of launching cryptocurrency ETFs, shortening the time for funds to start trading and allowing multiple pending applications to be processed. This change was highlighted by the SEC's recent approval of Grayscale's multi-coin fund, which also includes XRP and Solana. The expansion of NCIQ reflects the trend of legal transparency, making it easier for investors to access a diverse cryptocurrency portfolio within a single ETF.

XRP4.33%
SOL0.57%
XLM2.26%
BTC1.32%
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StateOfMindvip
· 09-26 13:33
Hashdex has expanded its Crypto Assets ETF to include XRP, Solana, and Stellar, following the new listing rules approved by the SEC. The Nasdaq Crypto Index U.S. ETF (NCIQ), which previously only tracked Bitcoin and Ether, is one of the first ETFs to benefit from these changes, simplifying the launch of Crypto Assets ETFs and providing investors with greater opportunities to achieve a diversified Crypto Assets portfolio in one fund.
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