Hashdex Files for a Crypto Index ETF

Asset management company Hashdex has taken a significant step towards its goal by submitting the S-1 filing for its combined Bitcoin and Ethereum ETF products.

This move comes just weeks after the company initially filed for the fund. According to the filing, the asset manager intends to create a balanced portfolio by adjusting the holdings of both Bitcoin and Ethereum in the combined ETF.

Initially, the Hashdex Nasdaq Crypto Index US ETF will only include these two assets, but the company may add others in the future with approval from the United States Securities and Exchange Commission (SEC).

It is important to note that Hashdex withdrew its spot Ethereum ETF filing and instead filed the 19b-4 application for the combined product.

The company will be responsible for managing and controlling the ETF, while Tidal ETF Services LLC will handle administration.