Nasdaq Adds XRP, Solana to Crypto ETF Index in SEC Filing
Source: barrons.com
- Nasdaq's new SEC filing confirms XRP, SOL, ADA, and XLM added to its crypto benchmark index for the Hashdex ETF.
- ETF sticks to Bitcoin and Ethereum only due to current listing rules, creating tracking differences.
- Proposed rule change could expand holdings to nine cryptos like LINK and LTC by November 2025.
Nasdaq updated its Crypto US Settlement Price Index to include XRP, Solana, Cardano, and Stellar alongside Bitcoin and Ethereum. This move via SEC Form 8-K signals growing institutional crypto integration but highlights regulatory hurdles keeping the ETF limited. It matters because it paves the way for broader altcoin exposure in mainstream funds.