On March 14, 2025, Hashdex filed Post-Effective Amendment No. 1 to Form S-1 with the U.S. Securities and Exchange Commission (SEC) for its Nasdaq Crypto Index US ETF. This amendment outlines a significant change to the fund's index composition.

Key Changes
Before the proposed adjustment, the index only included Bitcoin (BTC) and Ethereum (ETH). After the change, it is expected to expand to include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Solana (SOL)
- XRP (XRP)
- Cardano (ADA)
- Chainlink (LINK)
- Avalanche (AVAX)
- Litecoin (LTC)
- Uniswap (UNI)
These assets run on their respective blockchain networks, broadening the ETF's exposure to multiple sectors of the crypto industry.

Analysis
This move reflects Hashdex’s strategy to diversify its investment offerings and capture the growing market beyond Bitcoin and Ethereum. The inclusion of layer-1 blockchains (SOL, ADA, AVAX), DeFi projects (UNI, LINK), and established altcoins (XRP, LTC) suggests an increasing institutional interest in a broader crypto market.

Regulatory approval of this change could set a precedent for diversified crypto ETFs in the U.S. and further legitimize altcoins within traditional financial markets. However, the SEC's stance on certain assets, particularly XRP and ADA, remains a key factor in determining the amendment's success.
Hashdex’s proposal will be closely watched as a potential turning point for broader crypto ETF adoption in regulated markets.