Hashdex Index ETF Approved By SEC To Include XRP, SOL

In a significant regulatory shift, the U.S. SEC has approved Hashdex’s Nasdaq Crypto Index ETF expansion to include XRP and Solana.

Previously, the ETF only tracked Bitcoin and Ethereum, but it will now align with the full Nasdaq Crypto Index. Under the new allocation, Bitcoin will account for 72.5%, Ethereum 14.8%, XRP 6.9%, Solana 4.3%, and Cardano 1.2%.

The inclusion of XRP and SOL is expected to attract greater institutional participation in these altcoins, which have often been overshadowed by the dominance of Bitcoin and Ethereum.

This move follows the SEC’s adoption of generic listing standards for commodity-based trust shares, which have significantly shortened ETF approval times from nearly 270 days to as little as 75.

Earlier this week, the SEC also approved Grayscale’s Ethereum ETF under the same framework. With this approval, Hashdex’s ETF could bring new momentum to broader digital asset adoption within regulated U.S. markets.

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