Hashdex Files Application for an ETF That Owns Spot Bitcoin and Ether
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19 June

Hashdex filed an application with the SEC yesterday to create an ETF on the Nasdaq exchange that would combine Bitcoin and Ether spot assets.

The proposed ETF would maintain a balanced distribution of these crypto assets based on their respective market capitalizations.

This instrument would follow a passive investment approach, tracking the daily market movement of the Nasdaq Crypto US Settlement Price Index without aiming to outperform it.

According to analyst James Seyffart, a blended ETF focused on these assets is a logical choice. The proposed ETF would invest only in BTC and ETH and would not take into account any other spot assets.

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