Hashdex Expands Its Nasdaq Crypto Index US ETF to Include XRP, LTC, ADA, and More

Hashdex, a prominent crypto asset management firm, has filed an amendment with the U.S. Securities and Exchange Commission (SEC) to expand its Nasdaq Crypto Index US ETF by incorporating several altcoins

Hashdex, a prominent crypto asset management firm, has filed an amendment with the U.S. Securities and Exchange Commission (SEC) to expand its Nasdaq Crypto Index US ETF by including several altcoins, notably XRP.

The amendment, which was filed on Friday, March 17, 2025, proposes the addition of the following cryptocurrencies to the ETF:

* XRP: A digital asset designed for swift cross-border payments.

* Litecoin (LTC): Often referred to as the silver to Bitcoin’s gold, known for faster transaction times.

* Cardano (ADA): A blockchain platform focused on sustainability and scalability.

* Solana (SOL): Recognized for its high-performance blockchain-supporting decentralized applications.

* Chainlink (LINK): A decentralized oracle network that enables smart contracts to interact with real-world data.

* Avalanche (AVAX): A platform aiming to improve blockchain interoperability and scalability.

* Uniswap (UNI): A leading decentralized exchange protocol token.

These additions are expected to enhance the ETF’s diversification, aligning it more closely with the broader cryptocurrency market.

The Hashdex Nasdaq Crypto Index US ETF, which launched in February 2025, is currently structured as an institution-focused ETF focusing primarily on Bitcoin (BTC) and Ethereum (ETH). The proposed amendment seeks to rebalance the fund to reflect a more varied range of digital assets. This move is intended to mitigate risks associated with concentration in a few cryptocurrencies.

The inclusion of XRP in the ETF is particularly noteworthy, considering its recent regulatory developments. The SEC is currently engaged in legal proceedings with Ripple Labs, the company behind XRP, over the classification of XRP as a security. Hashdex’s move to include XRP suggests a growing confidence in its regulatory standing.

If approved, this diversified ETF could attract a wider range of investors seeking exposure to multiple cryptocurrencies through a regulated investment vehicle. This development reflects the evolving landscape of crypto investments and the increasing acceptance of digital assets in traditional financial markets.