#NasdaqETFUpdate

The Nasdaq Crypto Index (NCI) is undergoing dynamic development.

As of June 2, 2025, the NCIUS index was expanded to include Cardano (ADA), Solana (SOL), Stellar Lumens (XLM), and XRP, complementing the existing Bitcoin (BTC) and Ethereum (ETH).

SEC Filing and Future Outlook

Hashdex has filed an application with the U.S. Securities and Exchange Commission (SEC) to allow its Hashdex Nasdaq Crypto Index US ETF (NCIQ) to hold a broader range of these cryptocurrencies.

Currently, due to regulation, the fund is limited to only BTC and ETH. The SEC's decision is anticipated by November 2, 2025.

Controversy and Performance

The inclusion of XRP has sparked some criticism. Nevertheless, the NCI aims to diversify cryptocurrency investments. Despite recent market volatility (YTD -6.23%), ETNs tracking the NCI have seen a one-year increase of +23.10% and a three-year surge of +164.65%, indicating long-term growth potential.