Hassidex files tax return for first US Bitcoin-Ethereum combined ETF

Cryptocurrency asset management firm Hashdex has launched its Hashdex Nasdaq Crypto Index US
CryptoPotato reported on the 25th (local time) that the ETF registration statement had been submitted.
The fund is a combined Bitcoin and Ethereum ETF and may add more crypto assets in the future.
According to the S-1 filing filed with the U.S. Securities and Exchange Commission, the sponsors will not include crypto assets other than Bitcoin and Ethereum in the index if they qualify for inclusion in the index.
The move is intended to shift to a replication strategy, which would keep Bitcoin and Ethereum in a specified ratio in the index.
The move is part of a plan to become the first index-based cryptocurrency ETF in the U.S. to track digital assets. If the trust reverts to a full replication strategy, it would be subject to regulation by the SEC pursuant to Section 19b-4 of the Securities Exchange Act.
The company will have to submit rule changes and revise listing rules for new index components. Bloomberg ETF analyst James Sapert
"Subject to SEC approval, the fund may add other assets," Seyffart said in a post on X (formerly Twitter).
The Hassidex ETF will be weighted based on the liquid market capitalization of listed crypto assets. The current weighting is 76.3% Bitcoin.
Ethereum 23.7%. Litecoin (LTC), Chainlink (LINK), Uniswap (UNI),
Additional cryptocurrencies such as Filecoin (FIL) are also included in the Nasdaq Cryptocurrency U.S. Settlement Price Index and could be included in the Hashdex ETF in the future.