Hashdex's New ETF Filing Aims to Combine Bitcoin and Ether Holdings
While the ETF will initially include only Bitcoin and Ether, Hashdex has indicated that other cryptocurrencies could be added in the future.
The ETF will track the Nasdaq Crypto US Settlement Price Index, which measures the performance of a broad segment of the digital asset market.
BitGo and Coinbase Custody will serve as custodians for the ETF's Bitcoin and Ether assets. These assets will be held in segregated accounts.
If the ETF were approved today, it would be weighted with 76.3% Bitcoin and 23.7% Ether.
If approved, this ETF would be the first combined spot Bitcoin and Ether ETF in the U.S. This could pave the way for more innovative crypto investment products.