Hashdex Expands Crypto Index ETF to 7 Assets with ADA and LINK Additions

Hashdex has made a notable change to its Nasdaq CME Crypto Index ETF (NCIQ), expanding the list of assets it tracks from 6 to 7. The new additions are ADA and LINK, both popular cryptocurrencies with distinct characteristics.

This update is significant because it marks a shift in strategy for the ETF. Instead of relying heavily on one or two dominant names, NCIQ is now moving towards a more balanced approach, incorporating exposure to multiple assets and chains.