Hashdex ETF expansion can shake the encryption market – that is why

Bitcoin, King of Crypto, could not penetrate the barrier of $ 84,000 early on Tuesday, leaving the merchants on the edge of the abyss. It follows altcoins such as Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) followed, drowned in red. With the Fear & Greed index on the market on 25 (fear), it is clear that uncertainty now governs the game!

However, amid the declining direction, investors have significant hopes of the traded investment funds because they expect a good investment in the short term that helps the market recovery. At the same time, Hashdex, the well -known asset manager, has foot Amendment with the American Securities and Stock Exchange Committee (SEC) to expand the encrypted indicators (ETF). The updated proposal aims to include seven altcoins – sona (Sol), XRP, Cardano (ADA), Chainlink (Link), Avalanche (Avax), Litecoin (LTC), Uniwap (UNI) – on the verge of bitcoin (BTC) and ethereum (Eth). This is the biggest adjustment so far and gives hope to Altcoin shake market.

A boost for a varied exposure to encryption

Hashdex Nasdaq Crypto Index US ETF was launched in February 2024, and ETF only tracks Bitcoin and Ethereum. The latest deposit indicates a shift towards a wider investment strategy, as it is in line with the NASDAQ (NASDAQ), which includes multiple digital assets instead of the best in terms of market value.

This step is important because previous deposits hints to expand the eTf assets mixture, but it has never been called specific altcoins yet. Hashdex has not given a timetable for change, as it still needs approval from the US Securities and Stock Exchange Committee (SEC).

The growing interest in multi -asset encryption boxes

Regulatory transformations may accelerate ETF approvals. President Donald Trump Donald Trump Donald Trump is a former American president, a businessman, and a media figure, who held the position of forty -fifth President of the United States between 2017 to 2021. Trump won the Bachelor of Science in Economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential elections as a candidate for the Republican Party against the Democratic Party candidate Hillary Clinton. In his capacity, Trump ordered a travel ban on citizens from many Muslim majority countries, transforming military financing towards building a wall on the border between the United States and Mexico, and implemented the family separation policy. Trump remained a prominent figure in the Republican Party and is considered a potential candidate for the 2024 presidential elections president I recently directed the federal organizers to take a more relaxed approach to digital assets. This may make it easier for hashdex to obtain approval on the expanded ETF. Industrial experts believe that multi -asset ETFS is the next big step in making Crypto easier for the main investors. Nate Girassy, ​​head of ETF store Sees This is a possible change of the game, as companies will allow the provision of multiple stock chapters within one ETF, which improves efficiency and expanding investment options.

The other key players, such as Grayscale, are also expanding their ETF offers. GrayScale suggested that the CAP Digital Digital-Comparing BTC, ETH, Sol and XRP-to ETF convert, which can bring a multi-asset multi-asset investment vehicle to the market.

An organizational uncertainty remains

SEC was immersed by Crypto ETF suggestions this year, including those that are characterized by exhaustion and redemption mechanisms. However, the organizational view is still unconfirmed as the authorities continue to evaluate the potential risks.

If it is approved, the revised ETF from Hashdex may give us investors an organized method of exposure to multiple encrypted currencies in one box, which reduces dependence on investment funds circulating in one assets and expanding investment opportunities in the area of ​​digital assets.

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