It is an ETF launched in February this year.
The arrival at the investment fund increases the presence of these assets in traditional markets.
The XRP, Solana (Sol) and Stellar (XLM) cryptocurrencies arrived at the Hashdex Nasdaq Index Index ETF Investment Fund as part of their portfolio.
This fund quoted in the stock market (ETF) issued by the Hashdex investment firm, began operating in February this year with Bitcoin (BTC) and Ether (ETH) and now offers To investors access five of the main cryptoactives for market capitalization through a single negotiable product in the stock market.
The inclusion of these assets strengthens the presence of cryptocurrencies in traditional marketsallowing US investors (and other countries that operate in American stock market brockers) diversify their portfolios with a regulated financial vehicle.
In this regard, Samir Kerbage, hashdex manager pronounced with optimistic statements:
As US investors are increasingly looking for cryptoactive to their portfolios, we are proud to offer them the same proven structure that ETF has promoted by traditional indices for decades.
Samir Kerbage, Hashdex investment director
The announcement of the incorporation of cryptocurrencies to the fund had no greater incidence in the price of the investment product. Its price has remained at $ 30. However, in the last week it had a 4% dropas can be seen in the graph.
This move occurs as In the United States the regulations related to digital assets are flexiblethat seek to make that country the world capital of cryptocurrencies, as reported by cryptoics.
In this context, last week, the United States Stock Exchange and Securities Commission (SEC) approved standards Generic contribution for products that include raw materials in cash, such as digital assets.
These rules allow the bags to list and negotiate cryptocurrency -based actions without presenting previous modification proposals, in accordance with article 19 (b) of the Securities Bags Law, facilitating the integration of these assets into the traditional financial market.