#NasdaqETFUpdate

The Nasdaq ETF update you're referring to seems to be about the Hashdex Nasdaq Crypto Index US ETF. Here's what's new:

- *Expansion Plans*: Nasdaq has filed an application with the US Securities and Exchange Commission (SEC) to expand its crypto index ETF to include more cryptocurrencies.

- *New Additions*: The proposed additions include XRP, Solana, Cardano, Stellar Lumens, Chainlink, Litecoin, and Uniswap, bringing the total number of assets to nine.

- *Current Status*: The ETF currently only tracks Bitcoin and Ethereum, but if approved, it will allow investment in a broader range of cryptocurrencies.

- *SEC Decision*: The SEC is expected to make a decision on this proposal by November 2, 2025.

This expansion could potentially increase institutional investment in the crypto market and provide more diversified investment options for users. However, due to current SEC regulations, the ETF might not directly invest in all the included cryptocurrencies, instead using a representative portfolio approach.