#NasdaqETFUpdate

Nasdaq Expands Crypto Index – Big News for Digital Asset Adoption!

In a significant development for the crypto industry, Nasdaq has expanded its Crypto Index to include several key altcoins: XRP, Solana (SOL), Cardano (ADA), and Stellar (XLM).

This addition marks a major step forward in the mainstream recognition of digital assets. Although the Hashdex Nasdaq Crypto Index US ETF currently only invests in Bitcoin and Ethereum—due to regulatory guidelines—this update reflects an increasing openness to various types of cryptocurrencies in traditional financial markets.

This move could lay the groundwork for a more inclusive crypto ETF, offering broader exposure and easier access for investors looking to diversify in the digital asset space.

Nasdaq Files Addition of Four Cryptos to Benchmark ETF Index

On June 2, 2024, Nasdaq submitted a proposal to the SEC to include XRP, SOL, XLM, and ADA in their digital asset index. This allows the Hashdex Nasdaq Crypto ETF (NCIQ) to transition from the NCIUS index to the broader Nasdaq Crypto Index (NCI) with nine digital assets.

The SEC's final decision is scheduled for November 2, 2025, which could potentially expand ETF investment options.