Asset management firm Hashdex has made further progress toward launching a cryptocurrency-focused exchange-traded fund (ETF) in the United States. According to an announcement on Nov. 25, the company has submitted its second amended S-1 application with the U.S. Securities and Exchange Commission (SEC).
Hashdex Second Amendment for Nasdaq Crypto Index US ETF
Hashdex’s latest filing represents another step in its ongoing efforts to secure regulatory approval for the Nasdaq Crypto Index US ETF. The ETF aims to provide investors with exposure to a diversified portfolio of cryptocurrencies.
Initially, the fund will include Bitcoin (BTC) and Ether (ETH), the only two assets currently listed in the Nasdaq Crypto US Index. However, the filing noted that the portfolio could expand to include other digital currencies over time.
The amended filing comes after Hashdex’s initial S-1 application was modified in October when the SEC sought additional time to review the proposal. The SEC has hist
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