Hashdex adds SOL, ADA, XRP to the ETF according to the new SEC standards.

Hashdex has just filed with the Securities and Exchange Commission (SEC) to expand the Nasdaq Crypto Index US ETF, which previously focused solely on Bitcoin and Ethereum. The company is seeking approval to add Solana, Cardano, and XRP, based on the new common listing standards approved by the SEC.

This move will allow the fund to track the entire component of the Nasdaq cryptocurrency index instead of being limited to the two largest digital assets.

####Weight in index

According to Bloomberg ETF analyst James Seyffart, who shared this file on September 23, Hashdex will closely follow the Nasdaq Crypto Index - which includes many digital assets that meet the requirements of the SEC.

Currently, the index is allocated:

This expansion leverages the common listing standards approved by the SEC on September 17 for commodity-based trust shares ( on major exchanges such as Nasdaq, Cboe, and the New York Stock Exchange )NYSE(. These standards aim to streamline the approval process for exchange-traded products )ETP( linked to digital assets.

) Legal roadmap

Hashdex is one of the pioneering entities pursuing a dual asset ETF in the crypto industry since June 2024. The initial filing only includes Bitcoin, Ethereum, and cash, with many experts – including Seyffart – stating that this combination is "very reasonable."

With this expansion move, Hashdex aims to leverage the new regulatory framework to shorten the approval process, instead of going through lengthy reviews for each case.

However, the common listing standards do not mean that every type of cryptocurrency ETP is given the green light. The SEC still applies selective regulatory limits.

If Hashdex's application is approved, this could set a precedent encouraging many other fund managers to expand their portfolios beyond Bitcoin and Ethereum.

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