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- Anjali Belgaumkar
Anjali Belgaumkar
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
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Qadir AKQadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Sep 25, 2025 08:49 UTC
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Just In: Hashdex ETF First to Hold XRP and Stellar After SEC Approval
Hashdex ETF Expansion: SEC approval allows Hashdex Nasdaq Crypto Index US ETF to include altcoins like XRP, Solana, and Stellar, diversifying exposure beyond Bitcoin and Ethereum.
Faster ETF Approvals: New SEC generic listing standards reduce approval timelines from 270 to 75 days, paving the way for more crypto ETFs in Q4 2025.
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.”
Faster ETF Approvals to Boost Crypto Adoption
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.”
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FAQs
The Hashdex Nasdaq Crypto Index ETF is a regulated investment fund that now holds Bitcoin, Ethereum, and other major altcoins like XRP and Solana, offering diversified crypto exposure.
This SEC approval marks a major shift, allowing a regulated US ETF to hold a diversified basket of altcoins for the first time, accelerating mainstream crypto adoption.
The new standards streamline the ETF approval process, cutting review times from 270 days to 75 days and paving the way for many more crypto ETFs to launch.
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