📈 XRP, Solana, and Stellar enter Nasdaq via ETF
🧩 What does it mean?
• The SEC approved new rules that allow including altcoins like XRP, SOL, and XLM in regulated ETFs.
• The Hashdex ETF, which previously only contained BTC and ETH, now offers exposure to five major cryptoassets.
🏦 Fund details:
• XRP: 7.11% of the portfolio, third largest holding.
• Solana: fourth largest holding.
• Stellar: smallest allocation, but with official presence.
• The fund trades under the ticker NCIQ and operates on the Nasdaq Stock Exchange.
🚀 Why does it matter?
• Greater institutional visibility for these altcoins.
• Regulated access for traditional investors.
• Liquidity and legitimacy in conventional financial markets.