Hashdex Files to Launch an ETF Holding Ether and Bitcoin

Digital asset manager Hashdex has taken a significant step towards offering a combined spot Bitcoin and Ether exchange-traded fund (ETF) in the United States.

On June 24, the company submitted an S-1 registration statement for its Hashdex Nasdaq Crypto Index US ETF.

This ETF will track certain cryptocurrency assets in the Nasdaq Crypto US Settlement Price Index, which measures the performance of a significant portion of the digital asset market through a daily closing value.

Currently, the fund only plans to include Bitcoin and Ether, but the filing suggests that more assets could be added in the future. If this happens, Hashdex will utilize a sample replication strategy with only Bitcoin and Ether in the same proportions determined by the Index.

In this case, the company would need to file another form seeking approval from the regulator to amend the cryptocurrencies held in the ETF.