Nasdaq proposes adding XRP, SOL, ADA, and XLM to its crypto benchmark index, aiming to diversify beyond Bitcoin and Ethereum dominance.
Uniswap v4 surpasses $40 billion in volume, driven by technical upgrades and strong adoption in the DeFi ecosystem.
Australia’s first spot Bitcoin ETF, IBTC, reaches 675 BTC under strong institutional interest and regulatory support.
NASDAQ SEEKS TO ADD XRP, SOL, ADA, AND XLM TO DIGITAL ASSET BENCHMARK INDEX
Nasdaq has filed a Rule 19b-4 proposal with the U.S. Securities and Exchange Commission (SEC) to include XRP, Solana (SOL), Cardano (ADA), and Stellar Lumens (XLM) in its digital asset benchmark index.
If approved, the Hashdex Nasdaq Crypto Index US ETF (NCIQ) will shift from tracking the narrow Nasdaq Crypto US Settlement Price Index (NCIUS) to the broader Nasdaq Crypto Index (NCI), which covers nine digital assets.
The SEC is expected to make a decision by November 2, 2025.
Currently, the NCIUS index is heavily concentrated, with Bitcoin (BTC) and Ethereum (ETH) accounting for 88.3% and 11.7% of the weighting, respectively.
The proposed change aims to reduce reliance on a few assets and improve diversification and market representation for crypto ETFs.
Analysis:
This filing signals growing mainstream acceptance of crypto assets by traditional financial institutions. By incorporating more leading layer-1 tokens, Nasdaq is aligning its crypto benchmarks with a more diverse and representative market.
If approved, the inclusion could boost institutional visibility for XRP, SOL, ADA, and XLM, and potentially influence broader ETF structures.
It also marks a step forward in integrating digital assets into regulated capital markets, reinforcing investor confidence in diversified crypto exposure.
UNISWAP V4 SURPASSES $40 BILLION IN VOLUME WITHIN FOUR MONTHS
Uniswap Labs reported that Uniswap v4 has processed over $40 billion in trading volume since its launch on January 31, 2025.
The volume accounts for 8.7% of all decentralized exchange (DEX) activity year-to-date, with Uniswap maintaining a leading 23% market share in the DEX space.
Uniswap v4 introduced several innovations, including “hooks,” a dynamic fee structure, and native support for the Unichain Layer 2.
These enhancements have significantly improved protocol flexibility, capital efficiency, and user experience, helping Uniswap maintain its dominance in the DeFi sector.
Analysis:
The rapid growth of Uniswap v4 underscores the market’s strong appetite for modular, efficient DeFi infrastructure.
Its customizability and technical upgrades have resonated with developers and users alike, positioning the protocol as a foundational layer of decentralized finance.
As DeFi continues to evolve, particularly through Layer 2 adoption and smart contract modularity, Uniswap’s early embrace of these trends may secure its leadership well into the next phase of DeFi development.
AUSTRALIAN SPOT BITCOIN ETF REACHES 675 BTC IN HOLDINGS
As of June 6, 2025, Monochrome Asset Management disclosed that its spot Bitcoin ETF—IBTC—now holds 675 BTC.
Listed on the Cboe Australia exchange since June 4, 2024, IBTC is Australia’s first ETF to directly hold physical Bitcoin, marking a significant step for institutional crypto access in the country.
The fund operates under Australia’s Financial Services License (AFSL) regime and uses a licensed custodian for asset storage. This regulatory framework allows traditional investors—such as pension funds and family offices—to gain Bitcoin exposure without managing self-custody risks.
Analysis:
The growth of IBTC reflects robust demand for compliant Bitcoin investment vehicles. As global interest in spot crypto ETFs rises, Australia’s regulatory clarity has helped foster a secure environment for institutional adoption.
IBTC’s early success demonstrates how regulated financial products can bridge the gap between crypto innovation and traditional investment standards.
It could serve as a model for future ETF development in other jurisdictions seeking to balance innovation with investor protection.
〈CoinRank Crypto Digest (6/09)｜Uniswap v4 Surpasses $40 Billion in Volume Within Four Months〉這篇文章最早發佈於《CoinRank》。
