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Nasdaq applied to the SEC to expand the range of digital asset indices, proposing to include XRP and three other crypto assets.
According to Gate News bot, Cryptotimes reported that Nasdaq submitted a rule change application 19b-4 to the SEC ( on ). The application documents show that Nasdaq plans to include XRP, SOL, XLM, and ADA in its digital asset Benchmark index on June 2, 2024.
The purpose of this change is to shift the Hashdex Nasdaq Crypto Index US ETF ( NCIQ ) from the Nasdaq Crypto US Settlement Price Index ( NCIUS ) to the Nasdaq Crypto Index ( NCI ). The NCI currently includes 9 cryptocurrencies, and once the SEC approves this application, the ETF will be allowed to invest in these coins.
The SEC is expected to make a final decision on this application by November 2, 2025.
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