**Crypto Index ETFs Gaining Momentum**

Hashdex has filed a second amended application for its proposed crypto index ETF with the SEC, signaling progress in its bid to offer a comprehensive cryptocurrency portfolio. Initially, the ETF will include Bitcoin and Ether, with plans to expand to other digital currencies.

Industry experts believe crypto index ETFs are the next big thing, following the launch of BTC and ETH ETFs earlier this year. Other asset managers like Franklin Templeton and Grayscale are also eyeing crypto index ETFs, with Grayscale's fund uniquely including alternative cryptocurrencies like Solana and XRP.