Digital Asset Exchange Lists First Index ETF with Seven Cryptocurrencies

Monday 17th of March 2025 20:12:59

Hashdex Amends S1 Crypto Index ETF, Adds Seven New Altcoins

In a move aimed at expanding its cryptocurrency offerings, Hashdex, a leading digital asset investment manager, has announced amendments to its S1 Crypto Index ETF. The updated fund will now include seven additional altcoins, bringing the total number of cryptocurrencies tracked to 15.

The original S1 Crypto Index ETF, which launched in 2020, is designed to track the performance of the S1 Crypto Index, a widely followed benchmark for cryptocurrency performance. The index is comprised of the top 15 cryptocurrencies by market capitalization, with a focus on liquidity and tradability.

The seven new altcoins added to the fund include:

Polkadot (DOT)
Solana (SOL)
Cosmos (ATOM)
Binance Coin (BNB)
Cardano (ADA)
Stellar (XLM)
TRON (TRX)

According to Hashdex, the addition of these altcoins is designed to provide investors with a more diversified portfolio and exposure to emerging trends in the cryptocurrency space. The updated ETF will continue to track the S1 Crypto Index, which is rebalanced quarterly to ensure that the fund remains aligned with the underlying market.

"We are excited to expand our S1 Crypto Index ETF to include these seven new altcoins," said Hashdex CEO, Rafael Migui. "Our goal is to provide investors with a comprehensive and diversified exposure to the cryptocurrency market, and we believe that these additions will help us achieve that goal."

The amended S1 Crypto Index ETF is now available for trading on various exchanges, including the OTC Markets Group and the SIX Swiss Exchange. Hashdex is a leading provider of digital asset investment products and has been at the forefront of the cryptocurrency ETF space since its inception.