Hashdex Files to Add Altcoins to Crypto Index ETF

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Hashdex is seeking SEC approval to expand its Nasdaq Crypto Index US ETF to include XRP, Solana (SOL), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI), as per a recent amendment.

The ETF, trading under the ticker NCIQ, officially launched on February 13 after SEC approval and is the first dual Bitcoin-Ethereum ETF in the US.

The ETF charges a management fee of 0.25% annually until December 31, 2025, after which it will rise to 0.5%. Coinbase Custody and BitGo Trust act as crypto asset custodians.

Currently, the ETF holds about 88% Bitcoin and 12% Ethereum, with roughly $70 million in total net assets.