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Home»TRADING NEWS»NASDAQ is trying to add XRP, ADA, SOL, and XLM to encryption indexes.
TRADING NEWS

NASDAQ is trying to add XRP, ADA, SOL, and XLM to encryption indexes.

By Crypto FlexsJune 9, 20252 Mins Read
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NASDAQ is trying to add XRP, ADA, SOL, and XLM to encryption indexes.
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NASDAQ uses us securities and exchanges to expand Ripple (XRP), Solana (SOL), Cardano (ADA) and Stellar Lumens (XLM) I have submitted a change of rules proposed in Commission (SEC).

June 2 Form 8-K filing ALTCOINS with other altcoins such as Crypto Market Leaders Bitcoin (BTC) and Ethereum (Ethereum) and ChainLink (LTC), Litecoin (LTC) and Uniswap (UNI) You can see the tracking.

Nasdaq

Changes to the proposed rules can solve existing tracking problems.

If the rules are approved, it solves the current tracking problem between NCI and HASDEX NASDAQ Crypto Index (NCIQ).

The latter is designed to track the NCI, but instead, the Latter Traces the NASDAQ Crypto US Payment Index (NCIU), which includes only Bitcoin and Etherrium due to regulatory constraints. This is inconsistent with the performance between NCI and NCIQ.

💥 Breaking: NASDAQ file format 8-k, add encryption benchmark to 5 ~ 9 assets $ XRP,,, $ sol,,, $ ADAand $ XLM.

This movement allows you to switch to a wider and more diverse indexes. pic.twitter.com/pnbhlgaywq

-Crypto Ear (@Crypto_Auris) June 9, 2025

If the proposal obtains GreenLight, the NCIQ can track the entire NCI, removing the tracking problem and performance inconsistency, making the NCI more diverse ETFs that track nine coins instead of BTC and ETH.

The final decision on the change of rules is expected from the SEC by November 2, 2025, depending on the disclosure and regulatory review period.

The price is rarely reacted to the news

The news has almost been affected by the XRP price, and has recorded a portion of the percentage over the last 24 hours to trade at $ 2.22 based on EST 2:34 AM for the last 24 hours. According to Coinmarketcap.

Similarly, SOL has managed some benefits in the last 24 hours, and XLM and ADA have recorded minor decrease in each price for the same period.

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