It looks like @Nasdaq quietly added $SOL, $ADA, $XRP, and $XLM to its crypto benchmark index alongside $BTC and $ETH. đź‘€
This won’t trigger ETF approvals overnight - but it’s a key signal!
Index inclusion usually comes before product development. đź‘Ť
Breaking: #SEC approves @Nasdaq Crypto US Settlement Price Index (the “NCIUS”) to include $SOL $ADA $XLM and $XRP as of June 2nd.
Expect many crypto ETFs to get approved in the coming weeks on this alpha.
Index Reconstitution
Effective June 2, 2025, Nasdaq, Inc. (“Nasdaq”) reconstituted the Nasdaq Crypto US Settlement Price Index (the “NCIUS”), which currently serves as the benchmark index for the Trust. As a result of this reconstitution, the NCIUS now includes four additional digital assets—Cardano (“ADA”), Solana (“SOL”), Stellar Lumens (“XLM”), and XRP Ledger (“XRP”) (collectively referred to as the “New Index Constituents”), in addition to Bitcoin (“BTC”) and Ethereum (“ETH”).
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