Hashdex Amends Filing for Crypto Index US ETF Again
Hashdex has made two amendments to its S-1 application for the Hashdex Nasdaq Crypto Index US exchange-traded fund. As stated in a filing with the Securities and Exchange Commission on November 25, this update follows a request from the SEC in August for additional time to review the proposal.
The initial S-1 registration statement was submitted by Hashdex on June 24. For those unfamiliar, a crypto index ETF is a fund that tracks the performance of a variety of cryptocurrencies, providing diversified exposure to the digital asset market. Its goal is to emulate the performance of an underlying index by holding the same assets in similar proportions.
The portfolio of the proposed NCIUS ETF will exclusively consist of Bitcoin and Ethereum, with no investments in other cryptocurrencies, tokenized assets, stablecoins, or crypto-related securities. However, more assets may be added in the future.
If approved, this would be the first diversified spot cryptocurrency ETF available in the United States, offering investors exposure to multiple digital assets through a single fund.
