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Crypto Ghazi

07/15 07:47

Nasdaq expands crypto index, adds 4 new assets— Im

Nasdaq expands crypto index, adds 4 new assets— Impact on XRP and SOL?

Assessing impact of Nasdaq crypto inclusion and Japan partnership on XRP.

The Nasdaq exchange has  filed  with the Securities and Exchange Commission (SEC) to broaden its benchmark for crypto assets.
The exchange’s benchmark index, Nasdaq Crypto Index (NCI), would add  Ripple [XRP] ,  Solana [SOL] ,  Stellar Lumens [XLM] , and  Cardano [ADA] . 
In addition to these assets, the index tracks others like  Bitcoin [BTC]  and Ethereum [ETH], bringing the total crypto assets to nine. 

Notably, the Hashdex Nasdaq Crypto Index leveraged this benchmark but was approved to hold only BTC and ETH due to regulatory limitations.  
The issuer has sought the regulator’s permission to expand to other assets. SEC’s decision deadline for the same is scheduled for the 2nd November 2025. 
A similar Bitwise 10 Crypto Index ETF application’s 
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