The U.S. Securities and Exchange Commission (SEC) approved on September 24, 2025, for the Hashdex Nasdaq Crypto Index US (NCIQ) ETF to operate under the new generic listing standards, allowing the inclusion of crypto assets beyond $BTC and $ETH, such as $XRP, $SOL, $ADA, $LINK, and $XLM, among others that meet the criteria of the Nasdaq Crypto Index. This is based on an amendment to the fiduciary agreement submitted on September 18 and the adoption of generic rules by the SEC on September 17, which streamline approvals for commodity ETFs like crypto.

The news has generated excitement in the crypto community, with recent posts confirming the impact on the institutional adoption of altcoins.