🔵 Nasdaq applies to the SEC to add XRP, SOL, ADA, and XLM to its cryptocurrency index On June 9, DeThings reported that Nasdaq submitted a rule change application to the U.S. Securities and Exchange Commission (SEC) on June 7, planning to include XRP, Solana (SOL), Cardano (ADA), and Stellar Lumens (XLM) in its cryptocurrency index benchmark. This adjustment involves the Hashdex Nasdaq Crypto Index ETF (NCIQ), which aims to expand its tracking target from the original Nasdaq Crypto US Settlement Price Index (NCIUS) to cover nine tokens in the Nasdaq Crypto Index (NCI). Currently, the NCI index includes nine cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), but due to current SEC regulations, the ETF can only hold BTC and ETH, leading to tracking error risks. If approved, the ETF will be able to invest in all index component assets, with a final decision expected by November 2, 2025. This move could push U.S. crypto ETFs towards diversification.

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