#实用交易工具 Nasdaq Crypto ETF Expansion: What Does the Inclusion of XRP, SOL, ADA, and XLM Mean?

Recently, Nasdaq submitted a rule change application to the U.S. Securities and Exchange Commission (SEC), planning to include XRP, Solana (SOL), Cardano (ADA), and Stellar Lumens (XLM) in its cryptocurrency index benchmark.

This move signifies the expansion of the Nasdaq Crypto ETF, reflecting the growing interest and recognition of cryptocurrencies in the market.

Expansion of the Nasdaq Crypto Index

Nasdaq's adjustment involves the Hashdex Nasdaq Crypto Index ETF (NCIQ), which intends to expand its tracking from the original Nasdaq Crypto US Settlement Price Index (NCIUS) to cover nine tokens in the Nasdaq Crypto Index (NCI).

This expansion not only increases the diversity of the ETF but also provides investors with a broader range of cryptocurrency investment options.