#NasdaqETFUpdate Nasdaq confirms XRP, SOL, ADA, and XLM in the benchmark index through a new filing with the SEC

Nasdaq has updated its ETF benchmark index to include XRP, Solana, Cardano, and Stellar.

Mehab Qureshi18 hours ago

Nasdaq has officially filed an SEC Form 8-K for the Hashdex Nasdaq Crypto Index US ETF, confirming that it has reconstituted its benchmark index to include four new digital assets: Cardano (ADA), Solana (SOL), Stellar Lumens (XLM), and XRP.

These coins are now part of the Nasdaq Crypto US Settlement Price Index (NCIUS), which the ETF uses as a reference.

According to the filing on June 2, this update represents a significant step towards greater representation of cryptocurrencies in institutional investment products. However, despite the change, the Trust will continue to hold only Bitcoin and Ethereum for now, due to its current listing restrictions.