Hashdex $1.2B Crypto ETF Expands to Include Cardano, Chainlink

Edgen Crypto

·Mar 26 2026, 10:13

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Key Takeaways

Hashdex revealed its Nasdaq Crypto Index ETF (NCIQ) expanded its holdings in its first annual SEC filing. The fund, which grew to over $1.2 billion in assets by year-end, now provides investors with exposure to seven digital assets, signaling growing institutional acceptance for a wider range of cryptocurrencies beyond Bitcoin and Ethereum.

New Holdings: The ETF added Cardano (ADA) and Chainlink (LINK) to its existing basket of five assets, according to its year-end Form 10-K.
Fund Growth: By December 31, the NCIQ ETF had amassed $1.213 billion in total net assets since its launch in late 2025.
Market Trend: The expansion reflects a broader trend of multi-asset crypto ETFs launching in the U.S. following SEC approval for generic listing standards in late 2025.

Hashdex ETF Adds Cardano and Chainlink, Reaching $1.2B in Assets

The Hashdex Nasdaq CME Crypto Index ETF (Ticker: NCIQ) has expanded its portfolio to include Cardano (ADA) and Chainlink (LINK), according to its first annual Form 10-K filed with the U.S. Securities and Exchange Commission. The disclosure, reflecting holdings as of December 31, brings the total number of assets in the fund to seven. The ETF initially launched in late 2025 offering exposure to Bitcoin, Ether, XRP, Solana, and Stellar.

This first public financial report reveals the fund's strong start, accumulating $1.213 billion in total net assets by the end of the year. The filing reported a net asset value (NAV) of $22.71 per share, which tracked closely with its closing market price of $22.73 on the same date. The additions of ADA and LINK signal a strategic expansion to offer investors regulated access to a broader slice of the digital asset market.

Multi-Asset ETFs Expand Following 2025 SEC Green Light

The growth of the NCIQ fund is part of a larger competitive trend in the U.S. asset management industry. A wave of multi-asset crypto ETFs has emerged since the SEC approved generic listing standards for such products in late 2025. This regulatory clarity has enabled asset managers to create diversified, exchange-traded products that go beyond single-asset funds focused on Bitcoin or Ethereum.

Major firms are competing for investor capital in this new category. Bitwise converted its flagship fund into an ETF on the NYSE Arca in December 2025, which now stands as the largest multi-asset crypto ETF by assets under management. Similarly, Grayscale converted its Digital Large Cap Fund into an ETF in September 2025. The increasing number of these products highlights institutional demand for simplified, diversified exposure to the crypto asset class within a regulated wrapper.