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.