BREAKING: Hashdex ETF Shatters Barriers - First to Hold XRP and Stellar After SEC Green Light

Wall Street meets crypto in a landmark move that's shaking traditional finance foundations.

REGULATORY BREAKTHROUGH

Hashdex just executed the ultimate regulatory end-run—securing SEC approval to become the first ETF holding both XRP and Stellar. This isn't just another fund launch; it's a tectonic shift in how institutional money accesses digital assets.

PORTFOLIO REVOLUTION

The fund's dual-coin strategy bypasses conventional single-asset limitations, giving investors exposure to two major payment-focused cryptocurrencies through a single tradable instrument. No more complex custody setups or regulatory gray areas—just pure, SEC-approved exposure.

MARKET IMPLICATIONS

Traditional finance veterans are scrambling to adjust their models while crypto natives watch institutional gates swing wide open. The approval signals regulators might finally be catching up to innovation—or at least learning to stop fighting inevitable progress.

This changes everything for asset managers who've been treating crypto like a forbidden asset class. Now they've got SEC-stamped permission to dive in—though we'll see how many still approach it like grandparents trying to use smartphones.

The U.S. Securities and Exchange Commission (SEC) has approved an amendment to the Hashdex Nasdaq Crypto Index US ETF (NCIQ), allowing the fund to expand beyond Bitcoin and ethereum under newly adopted generic listing standards. Finalized on September 24, 2025, the approval marks a key step in widening regulated exposure to digital assets.

The updated ETF allocation now includes XRP (6.93%), Solana (4.11%), Cardano (1.22%), chainlink (0.50%), Stellar (0.33%), and Uniswap (0.14%), with Bitcoin and Ethereum still holding the largest shares. Interestingly, this makes the fund one of the first ETFs to hold Stellar (XLM) alongside major altcoins like XRP and Solana.

Nate Geraci took to social media and wrote, “Hashdex Nasdaq crypto Index US ETF *approved* under SEC’s new generic listing standards. Will now be able to own crypto assets beyond btc & eth. Looks like xrp, sol, & xlm.”

Here we go…

Hashdex Nasdaq Crypto Index US ETF *approved* under SEC’s new generic listing standards.

Will now be able to own crypto assets beyond BTC & eth.

Looks like xrp, sol, & xlm. pic.twitter.com/OyZO9MLnMx

The change follows the SEC’s introduction of generic listing standards on September 17, 2025, which streamline ETF approvals by removing the lengthy 19b-4 process. Reviews now take 75 days instead of 270, relying only on S-1 filings. This update is expected to pave the way for a wave of crypto ETFs, with analysts projecting as many as 30 new spot products in the NEAR term.

With multiple asset managers preparing Q4 2025 launches, the SEC’s decision is seen as a major step toward broader crypto adoption through regulated investment vehicles.

Social media users welcomed the SEC’s approval of the Hashdex ETF expansion, calling it a milestone for crypto diversification. Many said the move finally brings altcoins like XRP, Solana, and stellar into the ETF space, adding real exposure beyond Bitcoin and Ethereum. Some saw it as a step toward broader legitimacy for crypto in traditional markets, while others reacted with humor, asking when altcoins will “moon.”