
Nasdaq is set to expand its crypto benchmark index by incorporating four new digital assets, according to a recent filing with the Securities and Exchange Commission (SEC). The proposed additions include XRP, SOL, ADA, and XLM.
The Hashdex Nasdaq Crypto Index US ETF (NCIQ) currently tracks five cryptocurrencies. By broadening its scope to nine digital assets, Nasdaq aims to provide investors with a more diversified crypto exposure. This move is likely to have significant implications for the cryptocurrency market, as it will open up new investment opportunities for institutional investors and retail traders alike.
The addition of these four new assets will enable investors to access a wider range of cryptocurrencies, thereby increasing their potential returns while reducing risk. The proposed changes are subject to approval by the SEC, with a decision expected by November 2, 2025.
While the inclusion of XRP, SOL, ADA, and XLM may raise some eyebrows among critics who have expressed concerns about the regulatory environment for these cryptocurrencies, Nasdaq’s move is seen as a major step forward in promoting crypto adoption.
Source: coinpedia.org