Hashdex, a Brazilian digital asset manager, has received approval from the U.S. Securities and Exchange Commission (SEC) to list its Nasdaq Crypto Index ETF on the Nasdaq Stock Market. This makes Hashdex the first company to receive SEC approval for a crypto index ETF linked to the Nasdaq Crypto Index (NCI). The NCI is a rules-based index designed to track the performance of the largest and most liquid digital assets, offering investors exposure to the broader crypto market. The ETF will provide investors with a convenient and regulated way to access the crypto market without the need for direct ownership or custody of digital assets. Hashdex's ETF is a significant milestone for the crypto industry, as it represents a major step towards institutional adoption and mainstream acceptance of digital assets. The ETF's approval is likely to attract a new wave of investors into the crypto market and further legitimize the industry. ```