Future of Cryptocurrency Investments with Hashdex S-1 Filing

Understanding the Regulatory Environment Surrounding Hashdex S-1 Filing

The next step in its intention to introduce an ETF that directly owns spot Bitcoin and Ether was taken by the cryptocurrency asset management company Hashdex. This might be the first index-based crypto ETF in the US.

• On Wednesday, Hashdex submitted its S-1 filing to the U.S. Securities and Exchange Commission.
• The fund, known as the Hashdex Nasdaq Crypto Index US ETF, will initially contain Ether and Bitcoin but might eventually hold additional assets based on how the regulatory environment develops.

If any crypto asset other than bitcoin and ether becomes eligible for inclusion in the Index, the Sponsor will transition to a sample replication strategy, with only bitcoin and ether in the same proportions determined by the Index. In the event the Trust seeks to change this and return to a full replication strategy, a rule filing under Rule 19b-4 of the Exchange Act would need to be filed with the SEC by the Exchange seeking approval to amend its listing rules to permit the Trust to hold the new Index Constituents.

the firm’s S-1 filing

James Seyffart: Hashdex ETF Could Add Additional Assets With SEC Approval

According to a post on X on Wednesday by Bloomberg ETF Analyst James Seyffart, the fund may add more assets if and when the SEC approves them. Hashdex filed two days after spot Ethereum ETFs received the go-ahead to start trading. Hashdex was not included in the group of industry titans like Fidelity and BlackRock that started trading on Tuesday since it chose not to forward its proposal for a spot Ethereum ETF. Based on the Nasdaq Crypto Index US methodology, the Hashdex Nasdaq Crypto Index US ETF will be listed and traded on Nasdaq.

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