Hashdex Nasdaq ETF Expands to Seven Assets, Adding XRP, Solana and Cardano - Crypto Economy

TL;DR

• Hashdex’s NCIQ has expanded from five to seven holdings, adding Cardano and Chainlink by Dec. 31 and broadening exposure for U.S. investors.
• The ETF launched in late 2025 with Bitcoin, Ether, XRP, Solana and Stellar, then reported about $121.3 million in net assets in its first filing.
• The change arrives as multi-asset crypto ETFs gain momentum after late-2025 SEC listing standards helped push diversified products further into the U.S. market.

The Hashdex Nasdaq Crypto Index US ETF has widened its reach, and the expansion says something larger about how multi-asset crypto products are evolving. This is no longer a narrowly concentrated fund story, but a broader indexed bet on the digital-asset market. According to its first annual SEC Form 10-K, the Hashdex Nasdaq ETF, trading under the ticker NCIQ, had expanded to seven major crypto assets by Dec. 31. The latest year-end filing shows the portfolio now goes beyond its earlier five-asset structure, giving investors a wider slice of the sector through one listed product.

What changed is specific and significant. Hashdex has added Cardano and Chainlink, turning a previously five-asset basket into a seven-token portfolio with broader market representation. The fund launched in late 2025 with exposure to Bitcoin, Ether, XRP, Solana and Stellar. Its new filing confirms that ADA and LINK have now joined that group. That matters because it modestly shifts the product away from a simpler large-cap concentration and toward a more diversified crypto index approach. For investors using exchange-traded vehicles to access digital assets, composition changes often matter as much as total assets under management.


Why the seven-asset expansion stands out

The fund’s early asset base helps explain why the update is drawing attention. NCIQ is still young, but it has built enough scale for portfolio changes to carry market significance. By the end of Dec. 31, the ETF had accumulated about $121.3 million in net assets, according to the filing. Its net asset value per share stood at $22.71, closely tracking its closing market price of $22.73. That tight relationship suggests the structure was functioning as intended, while also giving investors one of the clearest looks at the fund’s footing since launching in late 2025.

The broader context makes the timing more revealing. This expansion lands as multi-asset crypto ETFs are moving from novelty to a competitive product category. Following the SEC’s approval of generic listing standards for crypto index products in late 2025, the market for diversified digital-asset ETFs has grown quickly. NCIQ’s seven-asset basket now sits inside that wider shift, where issuers are racing to offer investors more than single-token exposure. In that sense, the additions of ADA and LINK are not merely incremental. They reflect a market increasingly comfortable packaging broader crypto exposure into standard ETF form.