#NasdaqETFUpdate

The Nasdaq ETF update related to crypto involves the Hashdex Nasdaq Crypto Index US ETF, which tracks the Nasdaq Crypto Index. This index has recently been reconstituted to include four additional digital assets:

- *New Index Constituents:*

- *Cardano (ADA)*: 1.19% weightage in the index

- *Solana (SOL)*: 3.99% weightage in the index

- *Stellar Lumens (XLM)*: 0.28% weightage in the index

- *XRP Ledger (XRP)*: 5.53% weightage in the index

The index already included:

- *Bitcoin (BTC)*: 77.61% weightage in the index

- *Ethereum (ETH)*: 10.58% weightage in the index

Although the index has been updated, the Hashdex Nasdaq Crypto Index US ETF will continue to hold only Bitcoin and Ethereum due to current regulatory restrictions. A proposed rule change is under review by the SEC, which would allow the ETF to hold a broader set of index constituents, including

- *Chainlink (LINK)*

- *Litecoin (LTC)*

- *Uniswap (UNI)*

The ETF's objective is to track the investment results of the Nasdaq Crypto Index, providing diversified exposure to crypto assets. The fund has a management fee of 1.0% and is listed on the Bermuda Stock Exchange, with a minimum investment requirement of $100,000 USD.³