According to reports, Hasdex asked the U.S. Securities and Exchange Commission (SEC) to approve an amendement that would enable the digital asset manager, Hasdex, to add XRP and major altcoins such as Cardano, Solana and Cardano to the Hashdex Nasdaq Crypto Index US ETTF (NCIQ). a filing With the regulator on Monday
Fund, which focuses on Bitcoin Tracks a lower percentage EthereumThis would include Chainlink, Uniswap, LitecoinThen, Avalanche.
This filing is in response to the desire of issuers to include altcoins as part of their cryptocurrency-tracking exchange traded funds. Recently, several fund managers proposed to offer new investment products that directly track prices for a wide range of cryptocurrency, including bitcoin. Dogecoin You can also find out more about the following: XRP, SolanaEven if you don’t have a smartphone, you can still use the app. Donald Trump’s official meme coin.
Canary Capital celebrates its Monday. applied for an ETF SUI is the native token on the layer-1 Sui chain.
Decrypt Hashdex was contacted for comment regarding the complaint.
NCIQ is a new fund that debuted on February 14. According to ETF.com, it manages assets worth $66 millions. Hashdex, a Brazilian-based exchange received The fund received SEC approval in December. Bermuda Stock Exchange is currently trading a version of the Fund that includes Bitcoin and nine altcoins.
After the successful launch by ETFs of Bitcoin, the demand for crypto-funds has exploded in the past fourteen months. The eleven Bitcoin funds that are currently traded collectively manage assets worth about $100 billion.
Farside Investors UK data shows that Ethereum-focused fund have attracted less attention but are still able to produce about $2.5 Billion in net flows.
Edited By Andrew Hayward
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Source: decrypt.co
