Nasdaq Seeks SEC Approval to Expand Crypto ETF Portfolio

Nasdaq is aiming to expand its crypto index ETF by including XRP, SOL, ADA, and XLM. The proposed rule change is expected to be approved by the SEC in November 2025. This move could significantly impact U.S. altcoin investments and boost institutional interest in these cryptocurrencies. The potential for billions of dollars in new investment comes as a result of ETFs’ popularity with large-scale investors seeking structured market exposure.