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The NASDAQ has deposited a change of rule proposed to the American Securities and Exchange (SEC) commission to extend its reference Crypto index (NCI) to include Ripple (XRP), Solana (Sol), Cardano (ADA) and Stellar Lumens (XLM).
The form of June 2 8-K deposit With the dry, if it is approved, will see the altcoins followed in the NCI alongside the market leaders of the Crypto Bitcoin (BTC) and Ethereum (ETH), as well as other altcoins such as ChainLink (Link), Litecoin (LTC) and Uniswap (UNI).
The proposed change of rule could resolve the existing monitoring problem
If the change of rule is approved, it will also address a current follow -up problem between the NCI and the Hasdex Nasdaq Crypto index US ETF (NCIQ).
The latter is designed to follow the NCI, but follows instead the NASDAQ RESIDE REACHING PRICE index NASDAQ (NCIUS) in accordance with the United States, which only includes Bitcoin and Ethereum due to regulatory constraints. This creates a shift in the performance between the NCI and the NCIQ.
💥 Breaking: Nasdaq Files Form 8-K to extend its crypto reference from 5 to 9 active $ XRP,, $ Soil,, $ ADAAnd $ XLM.
This decision allows the Hashdex Nasdaq Crypto Index US ETF (NCIQ) to move to a wider and more diverse index. pic.twitter.com/pnbhlgaywq
– Crypto Auris (@crypto_auris) June 9, 2025
If the proposal obtains Greenlight, it will eliminate the monitoring problem and the inadequacy of performance by allowing the NCIQ to follow the complete NCI, essentially making a more diverse ETF which follows 9 coins instead of BTC and ETH.
A final determination concerning the change of rule is expected from the SEC by November 2, 2025 following a period for the comments of the public and the regulatory examination.
Prices barely react to news
The news had little effect on the XRP price, which increased a fraction of a percentage in the last 24 hours to exchange at $ 2.22 to 2 h 34, Hne, according to in CoinmarketCap.
Likewise, Sol has managed a slight gain in the past 24 hours, while XLM and ADA have both recorded a minor decrease in their respective prices during the same period.
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