Hashdex applies to include additional virtual assets in NCIQ fund

Source
JH Kim

Summary

  • Hashdex reported that it applied to the SEC to include additional virtual assets in its crypto index fund (NCIQ) beyond Bitcoin (BTC) and Ethereum (ETH).
  • It stated that the NCIQ fund currently holds only Bitcoin and Ethereum.
  • It said that whether additional virtual assets are allowed could affect future fund composition and investment strategy.

On the 23rd (local time), according to Bloomberg ETF analyst James Seyffart, Hashdex submitted an application to the Securities and Exchange Commission (SEC) asking to be allowed to add other virtual assets (cryptocurrencies) to its crypto index fund (NCIQ), which currently holds only Bitcoin (BTC) and Ethereum (ETH).

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JH Kim

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