#MarketRebound The U.S. Securities and Exchange Commission (SEC) has set November 2, 2025, as the deadline to approve Hashdex's proposal to expand its Nasdaq Crypto Index US (NCIQ) ETF to include seven additional altcoins: XRP, Solana (SOL), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI). Currently, the fund is primarily composed of Bitcoin (BTC) and Ethereum (ETH), with approximately $70 million in net assets.

The SEC has not yet issued a final decision. The November 2 deadline represents the maximum timeframe for the agency to approve or reject the proposal. If the SEC does not act by that date, the proposal will be considered approved by default.

The ETF expansion aims to provide investors with more diversified exposure to the cryptocurrency market, aligning with global trends favoring index funds as investment vehicles in digital assets.