US Regulators Put Off Decision on Hashdex Nasdaq Crypto Index ETF
According to a regulatory filing on August 9, United States regulators have requested additional time to decide whether or not to allow the Hashdex Nasdaq Crypto Index ETF to be listed on Nasdaq’s electronic securities exchange.
The filing was in response to Nasdaq’s request in June to list the ETF.
If approved, this ETF would be the first of its kind in the US, offering a diverse portfolio of cryptocurrencies and including alternative cryptocurrencies (altcoins).
It would track the Nasdaq Crypto US Index (NCIUS), which is made up of a variety of cryptocurrencies weighted by market capitalization.
These holdings would range from popular digital assets like Bitcoin and Ether to lesser-known altcoins like Chainlink, as stated in the ETF’s registration filing.