Digital Asset Index Fund Expands Holdings to Include Solana, XRP, and Cardano

Hashdex Launches First-Ever ETFs for Solana, XRP, and Cardano

In a groundbreaking move, Hashdex, a leading digital asset investment manager, has announced the launch of the first-ever exchange-traded funds (ETFs) for Solana, XRP, and Cardano, in addition to its existing Bitcoin ETF.

The new ETFs, listed on the SIX Swiss Exchange, offer investors a convenient and cost-effective way to gain exposure to the rapidly growing Solana, XRP, and Cardano ecosystems. Each ETF is designed to track the performance of the respective cryptocurrency, providing a diversified portfolio for investors seeking to capitalize on the potential of these emerging assets.

The Hashdex Solana ETF (HDSO) tracks the Solana blockchain, which has seen significant growth in recent months due to its fast transaction times and low fees. The Hashdex XRP ETF (HDRP) invests in the XRP cryptocurrency, which has been a popular choice for institutional investors and has seen increased adoption in the financial sector. The Hashdex Cardano ETF (HDCO) tracks the Cardano blockchain, which has gained traction for its focus on scalability and regulatory compliance.

"We're thrilled to bring the first ETFs for Solana, XRP, and Cardano to market," said Rafael Schultze-Kraft, CEO of Hashdex. "These innovative assets have the potential to disrupt traditional financial systems and we believe our ETFs will provide investors with a convenient and efficient way to participate in their growth."

The new ETFs join Hashdex's existing Bitcoin ETF (HDBT), which has been listed on the SIX Swiss Exchange since 2020. The Hashdex Bitcoin ETF has consistently outperformed the broader crypto market, demonstrating the potential for its ETFs to provide strong returns for investors.

Hashdex's ETFs are designed to be transparent, liquid, and cost-effective, making them an attractive option for institutional investors, family offices, and individual investors seeking to diversify their portfolios with digital assets. The company plans to continue expanding its ETF offerings to include other leading cryptocurrencies, further solidifying its position as a pioneer in the digital asset investment space.