#MarketRebound

The current market rebound, with Bitcoin surging past $109K and ETH trading above $2.7K, may be a sustained move or a temporary spike, depending on various market factors.

Market Outlook:

Sustained Move: A sustained move would require continued investor interest, positive market sentiment and favorable regulatory developments.

Temporary Spike: A temporary spike could occur if investors take profits, market sentiment shifts or regulatory challenges arise.

Nasdaq ETF Update:

The Nasdaq proposal to expand its crypto benchmark index to include XRP, SOL, ADA and XLM could increase altcoin visibility and access for traditional investors. This move aims to offer diversified crypto exposure through the Hashdex Nasdaq Crypto Index US ETF.

Impact on Portfolio Strategy:

Increased Visibility: Inclusion in the Nasdaq index could attract more institutional investors to these assets.

Diversified Exposure: The Hashdex ETF would track a broader range of cryptocurrencies, potentially reducing risk and increasing opportunities.

Regulatory Decision: The SEC's decision, expected by November 2, 2025, will be crucial in determining the impact on the market ¹ ².

Current Market Performance:

XRP Price: $2.29, with a 2.61% increase

XRP ETF: Trading at $14.98, with a 5.72% increase

Considering these developments, it's essential to stay informed about market trends and regulatory updates to make informed investment decisions.