Chainlink
Cryptex ETF Filing Weights XRP Ahead of Chainlink, Solana, and Avalanche
A preliminary registration statement for a multi-asset fund places Chainlink behind XRP in its index allocation.
A pre-effective S-1/A amendment submitted on Sept. 11 for the Cryptex Digital Market Cap ETF outlines a proposed multi-asset product intended to trade on Nasdaq under the ticker BAGZ. The underlying 36-asset index assigns XRP a 4.36% weighting, placing it ahead of Chainlink at 3.15%, Solana at 2.80%, and Avalanche at 2.13%. Bitcoin and Ethereum command the largest allocations at 25.83% and 13.55%, respectively.
After Cryptex applies operational and listing screens, the proposed fund narrows the index to 19 constituents, yielding an indicated allocation of 4.41% for XRP. The filing notes that the product remains pre-effective and no shares have started trading.
In a separate update, Listed Funds Trust shifted the effectiveness date for the Teucrium 2x Short Daily XRP ETF to Oct. 11. The document did not provide a debut date or state reasons for the schedule change, making no reference to regulatory actions or legislative negotiations.
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