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- 📢 Gate Square Ambassador Recruitment is Now Open! 🔥
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The Nasdaq Currency US Settlement Price Index intends to include ADA, SOL, XLM, and XRP.
Gate News bot message, recently, Hashdex Nasdaq Crypto Index US ETF submitted an updated document to the SEC, detailing the revisions to its Benchmark. The document stated that Nasdaq reconfigured the Nasdaq Crypto Index US Settlement Price Index (NCIUS) on June 2, expanding its components from Bitcoin (BTC) and Ether (ETH) to four additional digital assets: ADA, SOL, XLM, and XRP.
The ETF code is NCIQ, providing market-cap weighted exposure to BTC and ETH within a regulated exchange trading framework. It tracks the Nasdaq Cryptocurrency U.S. Settlement Price Index, which employs a rules-based approach to allow the inclusion of new digital assets over time.
The SEC is expected to make a final decision on this application by November 2, 2025.
Source: Bitcoin.com