Hashdex has amended its Nasdaq Crypto Index US ETF to add Litecoin, broadening its investment strategy.
ETF Changes
Previously including only Bitcoin and Ethereum, the ETF now also comprises Litecoin, Solana, XRP, Cardano, Chainlink, Avalanche, and Uniswap, adopting a broader investment approach.
New Assets in the Fund
With the new asset inclusion, Hashdex's fund now represents diverse segments of the crypto market, from smart contracts to decentralized finance (DeFi). This move aims to provide broader exposure while complying with U.S. regulations.
Impact on Investors
The addition of Litecoin, one of the oldest and most widely used cryptocurrencies, strengthens the fund’s appeal to both traditional and crypto-native investors. Litecoin is trading at $93.21, up 2.57% in the last day, with a market cap of $954K.
Hashdex's modification of the Nasdaq Crypto Index US ETF emphasizes its commitment to offering investors broader access to the evolving digital asset market.
