NASDAQ filed a request for changes to the rules before the Bags and Securities Commission (SEC) on June 2, 2025, changing the cryptocurrency index. The proposal aims to expand the indicator by incorporating four new digital assets: XRP, Solana (SOL), Cardano (ADA) and Stellar (XLM).
With this change, the bottom cited in the stock market (ETF), known as the Hashdex Nasdaq Crypto Index US ETF, will diversify cryptocurrency exposures as Holdings limits Bitcoin (BTC) and Ether (ETH) and Ethereum Network due to current regulatory restrictions.
According to the presentation, the SEC will confirm and decide the application by November 2, 2025. This document is signed by Samir Hakem, acting as the financial director of Hashdex. A company that organizes and manages cryptocurrency index ETFs.
Applications submitted under Rule 19b-4, Emphasizing the need to adapt ETFs to dynamic cryptocurrency markets. Including XRP, SOL, ADA, and XLM responds to increased relevance. For example, XRP strengthened its position after a judicial ruling that made it clear that it wasn’t a value title, while Sol and ADA lead decentralized applications. Meanwhile, XLM maintains a global transaction presence.
As you can see in this graph, in addition to Bitcoin, NASDAQ indexes have nine cryptographic effects within the NASDAQ index, including ETH, XRP, SUN, ADA, Link, Avax, LTC, and UNI.
Market Pro analyst Willie Woo criticised and argued for the decision of X Publications Nasdaq should not include Bitcoin in the same index as Altcoins As XRP, SOL, ADA, XLM.
According to WOO, BTC is a currency product, but these cryptocurrencies are only “unreliable programming platforms.” In his opinion, There is no precision to mix them with this index.
The Hashdex Nasdaq Crypto Index ETF shows solid performance, Accumulation of 54.8% over four yearsaccording to data published by HashDex. Recreating the Nasdaq Crypto Index (NCI), this ETF offers a diverse range of exhibits for digital assets. Furthermore, its sampling strategy allows for close monitoring of NCIs, with minimal monitoring errors.
This performance reflects the ETF’s ability to capture global market movements that benefit from index market marketing. It is positioned as an attractive option for institutional investors. It calls for diversification in the crypto sector.
