XRP, Solana (SOL) and Stellar (XLM) cryptocurrencies have arrived at the HashDex Nasdaq Index ETF Investment Fund as part of their portfolio.
Cited in the Stock Market (ETF) issued by HashDex Investment Company, the fund opened operations on Bitcoin (BTC) and Ether (ETH) in February this year, and now has investors access to five major encryptions for five major encryptions through a single negotiable product on the stock exchange.
Including these assets Enhance the existence of cryptocurrencies in traditional marketsallowing US investors (and other countries operating in American stock market blockers) to diversify their portfolios with regulated financial vehicles.
In this respect, Samir Kerbage, manager Hashdex, was pronounced in an optimistic statement.
As US investors are increasingly looking for portfolio encryption, they are proud to be able to offer the same proven structure that ETFs have been touted by traditional indexes for decades.
Samir Kerbage, Hashdex Investment Director
The announcement of the incorporation of cryptocurrency into the fund did not have a significant incidence in the prices of investment products. That price remains at $30. However, last week there was a 4% drop.as seen in the graph.
This movement occurs as follows: In the US, regulations relating to digital assets are flexibleit is trying to make the country the world capital of cryptocurrency, as reported by encryption.
In this regard, last week, the U.S. Stock Exchange and the Securities Commission (SEC) approved a general price standard for products containing cash raw materials as digital assets.
These rules allow bags to list and negotiate cryptocurrency-based actions, pursuant to Article 19(b) of the Securities Bags Act, without offering previous changes proposals, to facilitate the integration of these assets into traditional financial markets.
