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Hashdex and Nasdaq Expand First U.S. Multi-Asset Spot Crypto ETF 

Hashdex and Nasdaq Expand First U.S. Multi-Asset Spot Crypto ETF 

Hashdex Asset Management Ltd., a global crypto asset manager, and Nasdaq Global Indexes announced the expansion of the Hashdex Nasdaq Crypto Index US ETF (NCIQ), the first multi-asset spot crypto exchange-traded product in the U.S. Originally launched in February 2025 with exposure to spot Bitcoin and Ether, the ETF will now include XRP, Solana, and Stellar. Collectively, these five tokens represent more than $3 trillion in combined market capitalization. 

The ETF tracks the Nasdaq Crypto US Index (NCIUS), co-developed by Nasdaq Global Indexes and Hashdex, which was designed to capture the performance of a meaningful share of the crypto market. Eligible assets for the index currently include BTC, ETH, XRP, SOL, ADA, and XLM, although Cardano (ADA) is not included in the ETF’s present holdings. 

“With NCIQ, investors gain access to a dynamic, rules-based exposure that evolves with the market—eliminating the need to try to pick individual winners,” said Samir Kerbage, CIO at Hashdex. 

Hashdex manages about $1.56 billion in assets across its platform, including the largest multi-asset crypto ETF in Latin America and the largest multi-asset crypto ETP in Europe. 

For the U.S. ETF, Hashdex serves as sponsor, Paralel Distributors LLC as marketing agent, and Coinbase Custody and BitGo Trust as asset custodians. Nasdaq serves as both index administrator and listing venue, while U.S. Bank Global Fund Services acts as the fund administrator. 

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Hashdex Nasdaq Crypto Index US ETF

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.