Hashdex seeks approval from the U.S. SEC to include assets such as Solana, XRP, Cardano in its index ETF

According to a document submitted to regulators on Monday, Hasdex has asked the U.S. Securities and Exchange Commission for approval of an amendment that would allow the digital asset management company to include XRP, Solana, Cardano and other major altcoins in its Hashdex Nasdaq Crypto Index US ETF (NCIQ). The fund currently focuses mainly on Bitcoin, tracks a smaller proportion of Ethereum, and will also include Chainlink, Uniswap, Litecoin and Avalanche. At the time of submitting this document, issuers are working hard to increase coverage of altcoins in their crypto-tracking exchange-traded funds. In recent months, fund managers have proposed new investment products that directly track various cryptocurrency prices from Dogecoin to XRP and Solana - even Donald Trump's official memo coin. On Monday this week Canary Capital applied for an ETF based on SUI which is native token of layer 1 Sui blockchain.