Recently, Nasdaq submitted an application to the U.S. Securities and Exchange Commission (SEC) to include XRP, Solana (SOL), Cardano (ADA), and Stellar (XLM) in its cryptocurrency index (NCI) to expand the coverage of the Hashdex Nasdaq Cryptocurrency Index U.S. ETF (NCIQ). If approved, the ETF will shift from tracking only Bitcoin (BTC) and Ethereum (ETH) to including 9 major cryptocurrencies, providing broader exposure to digital assets. The SEC is expected to make a decision by November 2, 2025. Market analysis suggests that this move could drive institutional funds into the altcoin market, enhance liquidity, and further promote the integration of cryptocurrencies with traditional finance.