Crypto asset management firm Hashdex is looking to launch a Crypto Index ETF in the United States, and according to the most recent filing, the ETF could include AVAX, LINK, and LTC.
The amendment was filed on Nov. 25, and if approved, this would be the first exchange-traded fund (ETF) in the United States to feature altcoin exposure. However, it would not include Solana.
Avalanche, Chainlink, and Litecoin fit the proposed criteria as all three assets have active tradable markets on two “core crypto platforms,” are supported by at least one “core custodian,” maintain a median daily trading volume of no less than 0.5% of the cryptocurrency asset with the highest median daily volume, are listed on a U.S. regulated crypto asset trading platform, and have a free-floating price.
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