Nasdaq has taken a big step toward expanding crypto adoption by adding $XRP , Solana $SOL , Cardano ( $ADA ), and Stellar (XLM) to its Nasdaq Crypto Index (NCI). The move was filed with the SEC on June 2, 2024, and could allow the Hashdex Nasdaq Crypto Index US ETF (NCIQ) to track a broader range of assets instead of just Bitcoin and Ethereum.
The updated index now includes nine major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), Stellar (XLM), Chainlink (LINK), Litecoin (LTC), and Uniswap (UNI). However, due to current SEC regulations, the Hashdex ETF only holds BTC and ETH, creating a slight mismatch. If approved, the ETF could soon invest in all nine assets, offering more diversification for investors.
The SEC’s final decision is expected by November 2, 2025. If approved, this could mark a major shift in crypto ETFs, making them more inclusive and reflective of the broader market. This update signals growing institutional interest in altcoins and could pave the way for more crypto investment products in the future.
