Asset manager Hashdex and Nasdaq have collaborated to launch The Hashdex Nasdaq Crypto Index US ETF, which will be available to qualified US investors starting on February 14th. The ETF will provide broad exposure to the crypto market through a weighted index that currently includes Bitcoin and Ether, with plans to add more cryptocurrencies as they are approved by the SEC. The index represents 75% of the market capitalization of all eligible assets and will be passively managed and rebalanced quarterly. The ETF's initial share price is listed at $4,827.98, and a minimum investment of $100,000 is required. Similar products with a full spectrum of cryptos are already available in other countries, such as the Hashdex Nasdaq Crypto Index Europe ETP, which has amassed over $500 million in assets. The SEC has also delayed decisions on other ETF applications, including NYSE Arca's Bitwise 10 Crypto Index Fund and Grayscale Digital Large Cap Fund, with new deadlines set for March 3rd.



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