XRP Joins Nasdaq Crypto Index, Opening Doors for Institutional Adoption

XRP has been included in the Nasdaq Crypto US Settlement Price Index, marking a pivotal moment for institutional adoption of cryptocurrencies. The Hashdex ETF’s SEC filing highlights changes to its benchmarks. However, existing regulations limit its holdings to Bitcoin and Ether only, posing performance risks.

A new chapter for XRP has begun as it joined the Nasdaq Crypto US Settlement Price Index, a significant step in paving the way for institutional adoption of digital assets. This inclusion is expected to facilitate substantial growth in the cryptocurrency market landscape. On June 6, Hashdex submitted an update regarding its exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC), detailing exciting changes to its benchmark index.

In conclusion, XRP’s inclusion in the Nasdaq Crypto Index signifies a key advancement toward broader institutional acceptance of cryptocurrency. While the Nasdaq Crypto US Settlement Price Index has diversified significantly, ongoing regulatory constraints still hinder the ETF’s performance alignment with this expanded index. Stakeholders will be keenly awaiting the SEC’s decision scheduled for November 2025, as it could potentially authorize the ETF to diversify its holdings further.

Original Source: news.bitcoin.com

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