SEC Greenlights Crypto Expansion: XRP Integration Boosts Hashdex Nasdaq ETF Appeal

The regulatory gates swing wider as digital assets secure mainstream footholds.

BREAKING: Regulatory Ice Age Thaws

The Securities and Exchange Commission just cracked open the door for institutional crypto exposure—and XRP's inclusion in Hashdex's Nasdaq-traded fund signals a structural shift. Traditional finance dinosaurs now face blockchain-powered mammals evolving in their own backyard.

ETF Architecture 2.0

Hashdex's fund doesn't just hold assets—it reengineers the plumbing. By embedding XRP alongside established players, the ETF creates a diversified crypto basket that bypasses legacy custody headaches. The Nasdaq listing provides regulatory credibility while the underlying blockchain tech handles settlement in seconds, not days.

Wall Street's Awkward Embrace

Banking giants who spent years dismissing digital assets now scramble to reverse-engineer blockchain solutions. Meanwhile, this ETF structure gives pension funds and RIAs the compliance-friendly wrapper they need to allocate billions—all while cutting out three intermediary layers. The irony? Traditional finance finally adopts crypto by turning it into exactly what they understand: another ticker symbol.

One cynical observer might note that finance only innovates when regulators allow it—and when there's enough fee revenue to justify the paperwork.

The dam isn't breaking—it's being dismantled bolt by bureaucratic bolt.

In brief

• Hashdex expands its Nasdaq-listed multi-asset ETF to include XRP, giving investors regulated access to five major cryptos.
• The ETF now holds BTC, ETH, SOL, XLM, and XRP, offering exposure through a single product with quarterly rebalancing.
• SEC approval under generic listing standards marks regulatory progress for diversified crypto investment options.
• XRP surges 373% in a year, while gaining traction through CME options and ETF inclusions.

Hashdex Expands Multi-Asset Crypto ETF

Hashdex Asset Management announced that the Hashdex Nasdaq Crypto Index US ETF has expanded its holdings, making it the first multi-asset spot crypto ETP in the U.S. The fund, launched in February, will now operate under the SEC’s generic listing standards, which allow additional digital assets to be included.

Marcelo Sampaio, co-founder and CEO of Hashdex, said the expansion represents a milestone for U.S. investors. He explained that Hashdex, which has been offering crypto index products since 2018, is aiming to meet the growing demand for regulated crypto investment options. 

Since 2018, Hashdex has been a market leader in crypto index products globally, and this signifies a major milestone in meeting the needs of U.S. advisors and investors looking to participate in the continued evolution of the crypto ecosystem.

With the update, the NCIQ fund now provides exposure to bitcoin, ether, XRP, Solana, and stellar within a single product, making it easier for investors to access multiple digital assets at once.

According to regulatory filings, the ETF will offer exposure to Bitcoin (BTC), ethereum (ETH), Solana (SOL), Stellar Lumens (XLM), and XRP. Additionally, the investment vehicle will be subject to quarterly rebalancing and possible additions based on index rules.

Regulatory Progress and Market Outlook

The SEC approved the ETF for listing and trading in December 2024, with trading beginning in February. Its MOVE to the generic listing framework signals a regulatory shift toward broader investor access to diversified crypto products.

The ETF is supported by Coinbase Custody and BitGo Trust as custodians, U.S. Bank Global Fund Services as administrator, and Nasdaq for index and listing oversight responsibilities. This follows the SEC’s approval of the Grayscale Coindesk Crypto 5 ETF (GDLC), another multi-asset spot crypto product offering exposure to BTC, ETH, XRP, SOL, and ADA.

XRP Price Trends and Market Expansion

At the time of writing, XRP is exchanging hands at $2.77, following a 2.53% intraday drop, though it remains up 36.55% year to date.

Key on-chain indicators highlight its strong performance:

• Price increased by 373% in the past year.
• Outperformed 97% of the top 100 crypto assets in 1 year.
• Outperformed both Bitcoin and Ethereum.
• Trading above the 200-day simple moving average.

Beyond price, XRP continues to expand its market presence, with options trading for XRP recently launched on the Chicago Mercantile Exchange (CME). At the same time, XRP has been approved for spot ETFs such as the REX-Osprey XRP ETF—a sign of growing investor demand. With its growing inclusion in ETFs, XRP is steadily cementing its role as one of the most prominent digital assets in regulated U.S. markets.

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