Hashdex eyes XRP & Cardano for crypto ETF expansion – Are more altcoins next?

• Hashdex seeks SEC approval so as to add Litecoin to its Nasdaq Crypto Index US ETF.
• Rising optimism for altcoin ETFs indicators elevated institutional adoption in 2025.

Hashdex, a number one crypto asset administration agency, is making a daring transfer to increase its funding choices.

On the 14th of March, the agency submitted an modification proposal to the U.S. Securities and Alternate Fee (SEC) beneath file quantity 333-280990, searching for so as to add Litecoin [LTC] to its Hashdex Nasdaq Crypto Index US ETF.

If permitted, this transfer would broaden institutional entry to LTC inside a regulated framework, reinforcing its place alongside Bitcoin [BTC] and Ethereum [ETH].

Altcoins which might be speculated to be included

The revised index additionally goals to incorporate different main cryptocurrencies equivalent to Solana [SOL], Ripple [XRP], Cardano [ADA], Chainlink [LINK], Avalanche [AVAX], and Uniswap [UNI].

This marks a major step in integrating digital belongings into the standard monetary market.

The inclusion of Litecoin in Hashdex’s ETF isn’t simply an growth—it’s a strategic transfer to diversify the fund’s holdings and enchantment to a broader investor base.

With over 10 years available in the market, Litecoin is called a sooner, extra environment friendly Bitcoin.

If permitted, it could assist join crypto with conventional finance, providing extra regulated funding choices.

Polymarket development

Polymarket knowledge additionally suggests rising optimism for altcoin ETFs, with Solana ETF approval odds at 89%, Cardano at 69%, and Dogecoin at 70%, and many others. signaling a possible wave of recent ETFs in 2025.

That being stated, whereas the timeline for an expanded U.S. launch stays unclear, competitors within the crypto ETF market is intensifying.

Following the approval of BTC and ETH spot ETFs in 2024, fund issuers have ramped up efforts to diversify their choices, reflecting the growing demand for regulated publicity to a broader vary of digital belongings.

Sui ETF features highlight

This coincided with Canary Capital Group now seeking regulatory approval for a spot Sui ETF, which will likely be the agency’s sixth cryptocurrency ETF submitting with the SEC.

Evidently, the surge in ETF functions has accelerated since President Donald Trump’s election final November, reflecting renewed optimism for a extra favorable regulatory panorama.

Subsequently, as extra companies increase crypto entry in conventional finance, the rising ETF market could drive institutional adoption and diversification.