A major shift may be coming to institutional crypto exposure…
On June 2, 2025, Nasdaq officially proposed adding Cardano (ADA), XRP, Solana (SOL), and Stellar (XLM) to its Nasdaq Crypto US Settlement Price Index (NCIUS) — which powers the Hashdex Nasdaq Crypto Index US ETF (NCIQ).
Previously, this index only included #bitcoin and #Ethereum
Now it is set to expand to 6 assets — giving the ETF much broader crypto market representation.
Why this matters:
➡️ If approved, this move could open the door for greater institutional exposure to key altcoins via ETFs.
➡️ It could also bring new capital flows into #Cardano , #SOLANA , #RIPLE and $XLM
➡️ The update helps improve depth and diversification of the ETF product.
Regulatory status:
Nasdaq filed this proposal under SEC Rule 19b-4.
Currently, the ETF cannot directly hold these altcoins — but internal tracking mechanisms are used to approximate index performance.
A final SEC decision is expected by November 2, 2025.
Bottom line:
Nasdaq is taking a clear step toward integrating top altcoins into mainstream ETF products.
If the SEC gives the green light, this could be a game-changer for altcoin adoption across institutional portfolios.
👉 Like this update? Hit Like 👍, Share with your crypto friends, and Comment below — which altcoin do YOU think will benefit the most if this gets approved?
