Hashdex is expanding its crypto ETF. The firm’s NCIQ fund will now hold XRP, Solana, and Stellar alongside Bitcoin and Ether, following a key SEC decision last week.
The regulator approved new, generic listing standards proposed by major exchanges, dramatically simplifying the process for launching crypto funds.
This change paves the way for dozens of new ETF applications and was quickly followed by the approval of a similar multi-asset fund from Grayscale, marking a rapid shift in the regulatory environment.