SEC clears Hashdex Nasdaq Crypto Index US ETF to include altcoins

The U.S. Securities and Exchange Commission has cleared the Hashdex Nasdaq Crypto Index US ETF to expand its holdings beyond Bitcoin and Ether, allowing the fund to include major altcoins such as XRP and Solana and giving U.S. investors regulated access to a multiasset crypto product. The approval, announced in late September, follows the SEC's adoption of new generic listing standards for commodity-based trust shares on Sept. 17 and a series of amended trust filings from Hashdex earlier in the week.

Under the amended structure, the Hashdex fund will track the Nasdaq Crypto Index and can hold digital assets that meet the SEC's revised requirements. Hashdex and Nasdaq Global Indexes said the move will let the ETF provide exposure to a broader basket of digital assets in a single, regulated vehicle. Marcelo Sampaio, cofounder and CEO of Hashdex, said the expansion marked a big step for the U.S. market because investors and advisers can now access multiple major crypto assets through one product. Samir Kerbage, Hashdex's chief investment officer, called crypto index ETFs the "easiest, safest and most futureproof" route for investors seeking diversified crypto exposure.