Hashdex ETF Eyes SOL, XRP, ADA, and More in Index Expansion
Hashdex Nasdaq Crypto Index ETF plans to add SOL, XRP, ADA, and others, expanding beyond Bitcoin and Ethereum.
- Hashdex ETF files updated S-1 form with SEC.
- Index may include SOL, XRP, ADA, and other top altcoins.
- Rebalancing aims to diversify holdings beyond BTC and ETH.
Hashdex’s Nasdaq Crypto Index US ETF has taken a significant step forward by filing Amendment No. 1 to its S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on March 14, 2025. The filing, registered under File No. 333-280990, highlights plans for a broader crypto asset inclusion, signaling a shift in strategy for this ETF.
Currently, the index comprises only Bitcoin (BTC) and Ethereum (ETH), two of the largest and most established cryptocurrencies. However, this landscape may soon change. The latest amendment reveals that after the next rebalancing, the ETF expects to include several additional digital assets: Solana (SOL), Ripple (XRP), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI).
Diversification to Attract Broader Investor Interest
The inclusion of these prominent altcoins reflects Hashdex’s goal of diversifying its crypto exposure and providing investors with a more comprehensive snapshot of the digital asset Market. These tokens represent a range of Blockchain technologies—from smart contract platforms to decentralized finance (Defi) and oracles—making the index more reflective of the wider crypto ecosystem.
This move could increase the ETF’s appeal to both retail and institutional investors seeking diversified exposure without the need to manage multiple assets directly. Moreover, it shows growing acceptance and maturation of the crypto market as ETFs begin to incorporate a wider range of top-tier assets.
What’s Next for Hashdex’s Crypto ETF?
The rebalancing process is a key element of the ETF’s strategy, designed to adjust asset allocation based on market conditions. While the exact timing of the rebalance hasn’t been specified, the inclusion of new assets like SOL, XRP, ADA, LINK, AVAX, LTC, and UNI will depend on market criteria and index rules.
As regulatory clarity improves and investor interest grows, Hashdex’s expanded index may set a new standard for crypto ETFs in the U.S., offering a broader and more diversified investment product.
