By investing in $MEMEX, holders tap into a diversified basket of meme coins, reducing reliance on any single asset and improving their odds of capturing gains.

This index-based strategy is gaining traction, much like asset manager Hashdex’s decision to expand its crypto ETF with more altcoins – lowering its exposure to Bitcoin ($BTC) and Ethereum ($ETH).

For those looking to manage risk while still chasing meme coin upside, $MEMEX offers a strategic entry point.

The token is currently priced at $0.0166883, but with the presale ending soon and over $4 million raised, this low entry point will not last long.

After NCIQ, could a meme coin ETF be next? Meme Index might be the blueprint

Hashdex’s Nasdaq Crypto Index US ETF (NCIQ), the first dual crypto ETF, launched on February 13 after securing the Securities and Exchange Commission (SEC) approval.

The fund is heavily weighted toward Bitcoin (88%), with Ethereum making up the remaining 12%.

In a March 14 amendment filed with the SEC, the Brazil-based asset manager proposed adding several altcoins to the fund, including Ripple (XRP), Solana (SOL), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI).

To qualify for inclusion, assets must meet specific criteria – such as trading on at least two core crypto platforms, having custodial support, meeting minimum trading volumes, and being listed on a US-regulated crypto trading or derivatives platform.

In the ETF’s initial filing on October 23, 2024, only Bitcoin, Ethereum, Avalanche, Chainlink, and Litecoin met these requirements.

The addition of the other altcoins now brings the ETF closer to its goal of representing a broader basket of top cryptocurrencies.

Following a passive investment strategy, the fund aims to track these coins rather than outperform them. In other words, it’s an index-based approach that offers a simpler and more diversified way to invest in top crypto assets.

The advantage, of course, is that it avoids the technical complexities of directly acquiring and trading individual assets.

Furthermore, such diversification is particularly valuable in the volatile crypto market, helping to mitigate risk.

With the introduction of Meme Index, this same strategy comesto the meme coin sector – one of crypto’s standout growth drivers in 2024.

With the Meme Index, investors can skip the guesswork

Meme coins undeniably emerged as the breakout sector of 2024, with tokens like Pepe ($PEPE), DogWifHat ($WIF), Peanut the Squirrel ($PNUT), Bonk ($BONK), and others capturing market enthusiasm for crypto’s most memetic assets.

Although the meme coin market cap has now dipped below $50 billion, it remains buoyed by holders who maintain a cult-like devotion to their tokens – a loyalty that keeps sell-offs at bay.

This passionate following is what drives meme coin prices up, attracting investors – even those with zero crypto experience – seeking outsized returns.

However, identifying tokens primed for explosive growth has become increasingly challenging as meme coin launches have flooded the market with countless new assets.

The upcoming launch of Meme Index aims to turn this guesswork into a strategic play.

By offering a diversified approach similar to NCIQ, the index allows investors to tap into meme coin potential without the pressure of timing the market or selecting the right token.

In short, Meme Index is designed to simplify meme coin investing for those looking to gain exposure to this high-risk, high-reward sector.

Meme coin ETF vs. the Meme Index

Meme Index offers four distinct indexes, each tailored to different risk appetites and token volatility levels:

• Meme Titan Index: The most stable option, featuring top-tier meme coins like Dogecoin ($DOGE), Shiba Inu ($SHIB), and Pepe ($PEPE) – all boasting market caps exceeding $1 billion.
• Moonshot Index: Targets tokens valued between $250 million and $1 billion, with strong potential to climb into the top 10 meme coins.
• Midcap Index: A higher-risk, higher-reward option featuring tokens with market caps between $50 million and $250 million – ideal for those seeking sizable upside potential.
• Meme Frenzy: The most speculative index, packed with fresh and volatile tokens valued under $50 million. While it offers the chance for explosive gains, it also comes with heightened risk.

Each index offers investors a way to enter the meme coin market based on their risk preference.

Meme Index offers distinct advantages for investors seeking exposure to meme coins. Rather than waiting for traditional finance (tradFi) to catch up and create a meme coin ETF – with management fees starting at 0.25% and rising to 0.50% after 2025, like NCIQ – crypto investors can already include the Meme Index in their portfolio strategy.

Moreover, unlike centralized tradFi products, Meme Index holders maintain control over the project’s direction through the $MEMEX token. This governance token grants investors voting rights that ensure they have a say in key decisions.

In addition, $MEMEX itself holds growth potential, which is another avenue for investors to gain from alongside Meme Index’s performance.

Only 13 days remain – don’t miss your chance to get $MEMEX during presale

To secure your $MEMEX tokens before the 13-day window closes, visit the Meme Index website, connect your wallet (such as Best Wallet), and purchase using USDT, ETH, BNB, or even a bank card.

Newly acquired tokens can be staked in the Meme Index’s staking protocol, which currently offers a 560% annual percentage yield (APY).

For added security, Meme Index’s platform has been audited by trusted firms like Coinsult and SolidProof, ensuring its smart contracts are secure.

Join the growing Meme Index community to keep up to date with the project conversation on Telegram and X.

The post Hashdex Broadens Crypto Index ETF with More Altcoins – Could Meme Index Be Next as ICO Ends in 13 Days? appeared first on Cryptonews.

Crypto asset management firm Hashdex submitted an amendment proposal to the U.S. Securities and Exchange Commission (SEC) last Friday to add Litecoin (LTC) to its Hashdex Nasdaq Crypto Index US ETF.

If approved, Litecoin will join the ETF’s other proposed digital assets, broadening its exposure to the traditional financial market and institutional investors within a regulated environment.

Litecoin Gains ETF Exposure as Hashdex Seeks Broader Crypto Holdings

The March 14 filing, filed under file number 333-280990, outlined Hashdex’s plans to expand its Crypto Index ETF portfolio beyond Bitcoin and Ethereum.

The revised index is expected to include additional cryptocurrencies such as Solana (SOL), Ripple (XRP), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI), with each operating on its respective blockchain network.

Particularly, the addition of Litecoin would further diversify the fund’s holdings and attract investors interested in a wider array of cryptocurrencies.

An exchange-traded fund (ETF) is a basket of assets—such as stocks, bonds, or cryptocurrencies—traded on stock exchanges.

It allows investors to buy and sell shares throughout the day, offering diversification by spreading risk across multiple assets.

Hashdex’s proposal to add Litecoin isn’t random. Litecoin has been around for over a decade, often seen as Bitcoin’s lighter, faster counterpart.

Its features, such as its popularity, strong liquidity, and lower transaction fees, make it an interesting addition to an ETF.

If this gets the green light, it would be another step towards integrating crypto with traditional finance, which would give both big institutions and everyday investors more options to diversify their portfolios.

Brazil ETF Approval Highlights Hashdex Expansion Strategy

Recently, Hashdex secured approval from Brazil’s Securities and Exchange Commission to launch the world’s first XRP spot ETF on the B3 stock exchange.

This approval allows Brazilian investors to gain exposure to XRP through a regulated investment vehicle.

Hashdex continues to provide more crypto investment options while signaling increasing institutional acceptance of digital assets.

The Hashdex Nasdaq XRP Index Fund was officially established on February 18, 2025, and Genial Investimentos was appointed its administrator.

While a U.S. launch date for the expanded ETF remains undisclosed, the broader crypto ETF market is becoming increasingly competitive.

Since Bitcoin and Ethereum spot ETFs received approval in 2024, fund issuers have accelerated efforts to broaden their offerings.

SEC Decision on Litecoin Could Boost Hashdex Crypto Index ETF Expansion

Bloomberg analysts James Seyffart and Eric Balchunas estimate a 90% likelihood of Litecoin ETF approval before the end of 2025.

Their prediction places Litecoin ahead of Solana (70%), Dogecoin (75%), and XRP (65%).

They argue that Litecoin’s proof-of-work mechanism, similar to Bitcoin’s, and its existing regulatory filings could streamline the approval process.

Demand for crypto ETFs has surged, with spot Bitcoin and Ether ETFs attracting $40.7 billion and $3.18 billion in net inflows since their launches.

While a Litecoin ETF may not see the same demand, Seyffart notes that even modest inflows could make it viable for fund issuers.

The SEC’s final decision on Litecoin, Solana, XRP, and Dogecoin ETFs is expected between October 2 and 18, a timeline closely watched by investors and fund issuers looking to expand the reach of crypto index ETFs.

Frequently Asked Questions (FAQs)

The post Hashdex Seeks SEC Approval to Add Litecoin to Crypto Index ETF appeared first on Cryptonews.

Asset manager Hashdex has amended its S-1 regulatory filing to expand its crypto index exchange-traded fund (ETF), proposing the addition of seven altcoins alongside Bitcoin (BTC) and Ethereum (ETH), according to a March 14 filing submitted to the Securities and Exchange Commission (SEC).

The revised filing seeks to include Solana (SOL), XRP, Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI) in the Hashdex Nasdaq Crypto Index US ETF.

The fund, launched in February 2024, currently holds only Bitcoin and Ethereum and follows the Nasdaq Crypto US Index, which exclusively tracks the two largest cryptocurrencies by market capitalization.

The filing outlines a planned shift to the broader Nasdaq Crypto Index (NCI), which includes a wider selection of digital assets beyond BTC and ETH.

Hashdex has not provided a specific timeline for the transition, and the SEC must approve the proposed changes before they take effect.

Growing altcoin interest

Previous iterations of Hashdex’s S-1 hinted at the possibility of expanding the ETF’s asset mix, but this marks the first time specific altcoins have been named.

The filing describes the selected assets as decentralized networks that rely on public key cryptography for security, with values primarily influenced by market supply and demand conditions.

While these ETFs saw modest inflows initially, they represent the first US funds designed to provide diversified crypto exposure. Industry analysts have pointed to crypto index ETFs as the next step in expanding investment access following the approval of spot Bitcoin ETFs in January 2024.

Other asset managers, including Grayscale, have also moved to broaden their ETF offerings. Grayscale has applied to convert its Digital Large Cap Fund, which holds BTC, ETH, SOL, and XRP, into an ETF, a move that would introduce another multi-asset fund to the market.

Regulatory outlook

The SEC has acknowledged more than a dozen ETF filings related to cryptocurrencies this year, including proposals for staking features, in-kind redemptions, and expanded altcoin-based funds.

However, the timeline for approvals remains uncertain as regulators continue evaluating potential risks associated with broader crypto market exposure.

Hashdex’s proposed expansion reflects the growing demand for more comprehensive crypto investment products, but final approval will depend on regulatory assessments.

If cleared, the fund could offer US investors an alternative to single-asset crypto ETFs, diversifying exposure within a regulated framework.

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