On June 2, 2024, Nasdaq submitted a proposed rule change to the U.S. Securities and Exchange Commission (SEC) under Rule 19b-4. Nasdaq is expanding its digital asset benchmark by adding well-known altcoins XRP, Solana (SOL), Stellar Lumens (XLM), and Cardano (ADA).
The U.S. Securities and Exchange Commission (SEC) has officially approved the Nasdaq Cryptocurrency U.S. Settlement Price Index (Nasdaq Crypto Index - U.S. Settlement Prices), incorporating for the first time eight major altcoins including Solana (SOL), Cardano (ADA), Stellar (XLM), and Ripple (XRP) into a compliant pricing system.
Nasdaq recently updated NCIUS, adding four cryptocurrencies: Ripple (XRP), Solana (SOL), Cardano (ADA), and Stellar (XLM). Previously, Bitcoin (BTC) and Ethereum (ETH) had also been included, making the index a more accurate reflection of the broader cryptocurrency market.
