Cryptex Digital Market Cap ETF filed Pre-Effective Amendment No. 7 to its Form S-1 registration statement with the Securities and Exchange Commission on November 10, 2026, covering the proposed offering of shares on the Nasdaq Stock Market, LLC.

Key Highlights

  • Seventh amendment filed: This is Pre-Effective Amendment No. 7 to Registration Statement No. 333-294594, filed November 10, 2026.
  • Fund structure: The Fund is a passive exchange-traded product seeking to track the Cryptex Digital Market Cap Index, created and maintained by sponsor Cryptex Finance, LLC.
  • Non-Eligible Components cap: According to the filing, Non-Eligible Components are reweighted so they account for not more than 15% of the Fund's total assets in aggregate.
  • CTX minimum weight floor: The filing states that CTX is subject to a minimum weight floor of 6.5% in both reweighting steps, and any Crypto Asset whose resulting weight would be less than 0.50% of total assets is excluded from the Portfolio.
  • Basket size: Shares are sold or redeemed in blocks of 10,000 Shares, described in the filing as a "Basket."
  • Key service providers: The filing identifies BitGo Bank and Trust, National Association as Custodian for Portfolio Crypto Assets, U.S. Bancorp Fund Services, LLC (d/b/a U.S. Bank Global Fund Services) as Transfer Agent and Cash Custodian, and Exchange Traded Concepts as Co-Sponsor.
  • Emerging growth company: The registrant indicated it is a non-accelerated filer, smaller reporting company, and emerging growth company, and has elected not to use the extended transition period under Section 7(a)(2)(B) of the Securities Act.

Cryptex Digital Market Cap ETF: Index Methodology and Portfolio Construction

According to the filing, the Cryptex Digital Market Cap ETF is organized in the Cayman Islands and intends to list its shares on the Nasdaq Stock Market, LLC. The Fund's principal investment objective is to invest in a portfolio of Crypto Assets based on the components and weightings of the Cryptex Digital Market Cap Index. The filing states the Fund "is a passive investment vehicle that does not seek to generate returns beyond tracking the price of the Portfolio Crypto Assets." Cryptex Finance, LLC serves as both the Sponsor and the Index Provider.

The filing describes a multi-step eligibility and weighting methodology for Index components. Crypto Assets included in the Index must meet minimum market capitalization and liquidity thresholds, be listed and actively traded on a minimum of three qualifying exchanges, have an active Chainlink price feed, be a native or conforming native token on a permissionless blockchain, and, if applicable, have smart contracts deployed for a minimum of six months. The Index excludes stablecoins, wrapped tokens, rebasing tokens, and Crypto Assets under active regulatory enforcement actions by U.S. or equivalent authorities. The filing further describes two categories of Index components: "Eligible Components," generally those underlying an SEC-approved exchange-traded fund or listed futures or options contracts, and "Non-Eligible Components," which do not meet those standards. Non-Eligible Components are collectively capped at not more than 15% of Fund total assets, with CTX subject to a minimum weight floor of 6.5% across reweighting steps.

The filing also discloses that the Fund may, at the Sponsor's discretion, seek to generate rewards through the validation of transactions on the networks corresponding to its Portfolio Crypto Assets, where such opportunities exist. The registration statement remains preliminary and not yet effective, and the filing states that securities may not be sold until the registration statement becomes effective.

What Was Disclosed

Cryptex Digital Market Cap ETF submitted its seventh pre-effective amendment to its S-1 registration statement on November 10, 2026, detailing the Fund's index-tracking strategy, portfolio construction methodology, service provider arrangements, and basket creation and redemption mechanics for proposed shares on the Nasdaq Stock Market, LLC.