Recently, Nasdaq applied to the SEC to add XRP, SOL, and ADA to the cryptocurrency index.
The top 5 ETF proportions are:
#BTC 74.9%
#ETH 11.6%
#XRP 5.9%
#SOL 4.9%
#ADA 1.4%
This adjustment involves the Hashdex Nasdaq Crypto Index ETF (NCIQ), which plans to expand its tracking benchmark from the original Nasdaq Crypto US Settlement Price Index (NCIUS) to cover 9 types of tokens in the Nasdaq Crypto Index (NCI).
Currently, the NCI index includes 9 cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), but due to current SEC regulations, this ETF can only hold BTC and ETH, resulting in tracking error risks. If approved, the ETF will be able to invest in all index component assets, with a final decision expected to be made by November 2, 2025. This move could be a key step towards diversifying U.S. crypto ETFs.
