Nasdaq Proposes Expansion of Crypto ETF Benchmark to Include XRP, SOL, ADA, and XLM

3 hours ago 9

Rommie Analytics

The updated index would include XRP, Solana (SOL), Cardano (ADA), and Stellar (XLM) alongside the existing assets.

The move aims to transition the NCIQ ETF to a broader and more diversified benchmark, reflecting the growing maturity and adoption of major altcoins in institutional crypto portfolios.

The inclusion of XRP, SOL, ADA, and XLM would mark a significant milestone for these assets, signaling deeper integration into U.S.-regulated financial products.

The SEC’s decision deadline is set for November 2, 2025. If approved, the change could pave the way for more diversified spot crypto ETFs and may strengthen the case for broader altcoin exposure across traditional financial markets.

This proposal follows an increasing trend of ETF providers and exchanges pushing for regulatory clarity and multi-asset inclusion, as demand for crypto-based investment products continues to grow.

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