Hashdex's NCIQ — one of the few US crypto index ETFs — just added cardano to its portfolio. Alongside ADA, it holds bitcoin, ether, solana, XRP and stellar. Cardano just became eligible for inclusion under the SEC’s generic listing rule — completing 6 months of derivatives trading on CFTC-regulated venues.
The index NCIQ tracks is meant to evolve over time. As Hashdex CIO Samir Kerbage told me yesterday: “There’s a chance that in five to 10 years from now this index could have 20, 50, 100 or 200 assets."
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