#NasdaqETFUpdate
Nasdaq proposes to the U.S. Securities and Exchange Commission (SEC) to expand the index followed by the Hashdex exchange-traded fund (ETF) for digital currencies. Currently, the fund focuses solely on Bitcoin and Ethereum.
The goal of the proposal is to add other major cryptocurrencies such as XRP, SOL, ADA, and XLM to the index. If the SEC approves, this will allow the Hashdex ETF to invest in these currencies, providing traditional investors with broader and easier access to the altcoin market.
The deadline for the SEC's decision is expected on November 2, 2025. This development could significantly enhance the visibility of these currencies and attract more institutional investments to them.