#NasdaqETFUpdate The meaning is discussed below.

*Key Developments:*

- The proposal was filed with the US Securities and Exchange Commission (SEC) on June 2, 2025

- The SEC has until November 2, 2025, to approve or reject the proposal

- If approved, this expansion could pave the way for future spot ETFs tracking these digital assets

*Impact on Crypto Market:*

- Increased institutional interest and investment in cryptocurrencies

- Potential for more mainstream acceptance of digital assets

- Broader exposure to the crypto market for investors.