#NasdaqETFUpdate

Highlighting the recent moves made by Nasdaq to expand its cryptocurrency index fund. On June 2, Nasdaq filed an application with the U.S. Securities and Exchange Commission (SEC) to list XRP, Solana (SOL), Cardano (ADA), and Stellar (XLM) in the Hashdex Nasdaq Crypto Index, thereby expanding the benchmark from just Bitcoin and Ethereum. This change could pave the way for immediate altcoin exchange-traded funds, which are awaiting approval from the SEC by November 2, 2025. Binance highlighted this matter on its Square platform channel, emphasizing that this expansion could attract institutional capital and diversify investment options. If approved, this development represents a significant evolution in cryptocurrency financing, bridging mainstream and decentralized markets.