Hashdex files S-1 for ETF to hold Bitcoin, Ether and potentially others
The Hashdex Nasdaq Crypto Index US ETF could see other cryptocurrencies added down the track, subject to all the necessary approvals.
Digital asset manager Hashdex has taken another step in its proposal to offer a combined spot Bitcoin and Ether exchange-traded fund in the United States.
On June 24, the firm submitted an S-1 registration statement for its Hashdex Nasdaq Crypto Index US ETF, which will track certain cryptocurrency assets in the Nasdaq Crypto US Settlement Price Index — a daily closing value of the Nasdaq Crypto Index which measures the performance of a significant portion of the digital asset market.
The fund currently only seeks to include Bitcoin (BTC) and Ether (ETH), but the filing suggests that more assets could be added later.
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Author: Brayden Lindrea