Altcoins News

Story: Nasdaq Expands Crypto Index to Include XRP and Other Major Tokens

By Dan Saada

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What is the Nasdaq Crypto US Settlement Price Index?. The Nasdaq Crypto US Settlement Price Index is a benchmark index created by Nasdaq Inc.

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XRP’s Addition: A Significant Step Forward. XRP’s inclusion in the Nasdaq index on June 2, 2025, signifies a substantial move towards…

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Hashdex Nasdaq Crypto Index US ETF and Regulatory Limits. The Hashdex Nasdaq Crypto Index US ETF, trading under the ticker symbol NCIQ, tracks this Nasdaq…

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Potential Changes on the Horizon. Nasdaq is actively working to address this discrepancy.

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What This Means for XRP and Investors. XRP’s addition to the Nasdaq Crypto US Settlement Price Index reflects growing institutional…

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XRP’s Journey in the Institutional Space. XRP has long been a prominent cryptocurrency focused on enabling fast and affordable cross-border…

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The Road Ahead. While XRP’s addition to the Nasdaq Crypto US Settlement Price Index is a milestone, the crypto…

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Conclusion. XRP’s inclusion in the Nasdaq Crypto US Settlement Price Index represents a significant step in…

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In a major development for XRP and the broader crypto market, XRP has been added to the Nasdaq Crypto US Settlement Price Index (NCIUS), marking a key milestone toward greater…

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The Nasdaq Crypto US Settlement Price Index is a benchmark index created by Nasdaq Inc. to track the prices of leading cryptocurrencies traded in the U.S.

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However, in a recent update, Nasdaq expanded the index to include four additional digital assets—Cardano (ADA), Solana (SOL), Stellar Lumens (XLM), and XRP.

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Institutional involvement often leads to greater market stability and liquidity, as professional investors bring more capital and longer-term perspectives.

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However, there is a current regulatory limitation set by the U.S. Securities and Exchange Commission (SEC) that restricts this ETF to holding only BTC and ETH.

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Because of this, investors in the ETF might experience what’s called "tracking error." Tracking error happens when the ETF’s performance deviates from the underlying index due to…

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Nasdaq is actively working to address this discrepancy. On March 7, 2025, Nasdaq submitted a rule change proposal to the SEC to allow the Hashdex ETF to adopt the broader Nasdaq…

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