Hashdex Files Amended Application for its Crypto Index ETF

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An asset manager Hashdex has filed an updated S-1 with the Securities & Exchange Commission (SEC) for its proposed crypto index exchange-traded funds (ETF) on Tuesday, as requested by the regulator.

This amended filing indicates that Hashdex has made changes to its initial registration statement, such as adjusting its fees or identifying market makers, in order to comply with regulatory requirements for the ETF to be publicly traded.

The revised registration statement pertains to the Hashdex Nasdaq Crypto Index ETF, first filed in July.

After submitting the initial filing, regulators asked for additional time to review and make a decision on the proposed “one-stop-shop” crypto portfolio, which, if approved, will be the first of its kind in the US.

The crypto ETF will initially include Bitcoin and Ethereum, with the potential to add more cryptocurrencies in the future. It will be listed and traded on Nasdaq, using the methodology of the Nasdaq Crypto Index US.