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Hashdex Seeks to Add XRP and ADA to Crypto ETF

  • Hashdex, a Brazil-based asset manager, has applied to the SEC to expand its cryptocurrency index ETF by adding XRP and Cardano (ADA) to its portfolio.
  • The expanding market need for more crypto investment choices is driving this new corporate direction.
  • Hashdex has specific requirements for cryptocurrency inclusion, including accessibility on major exchanges, independent pricing, strong fundamentals, and innovative use cases.
  • The revised filing comes as regulatory attitudes toward cryptocurrency change, bolstered by optimism following Donald Trump's decision to relax crypto regulations.

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