
Nasdaq has formally filed SEC Type 8-Ok, confirming its proposal to increase the benchmark utilized by the Hashdex Nasdaq Crypto Index US ETF (NCIQ) from 5 to 9 digital property.
The up to date index would come with XRP, Solana (SOL), Cardano (ADA), and Stellar (XLM) alongside the present property.
The transfer goals to transition the NCIQ ETF to a broader and extra diversified benchmark, reflecting the rising maturity and adoption of main altcoins in institutional crypto portfolios.
The inclusion of XRP, SOL, ADA, and XLM would mark a big milestone for these property, signaling deeper integration into U.S.-regulated monetary merchandise.
The SEC’s determination deadline is about for November 2, 2025. If authorized, the change might pave the best way for extra diversified spot crypto ETFs and could strengthen the case for broader altcoin publicity throughout conventional monetary markets.
This proposal follows an rising pattern of ETF suppliers and exchanges pushing for regulatory readability and multi-asset inclusion, as demand for crypto-based funding merchandise continues to develop.