SEC Nod Sparks Altcoin Boom as XRP, ADA, SOL, XLM Join Nasdaq Index

The U.S. Securities and Exchange Commission has approved changes to the Nasdaq Crypto Index Settlement Price (NCIUS), officially adding four major altcoins—XRP, Cardano (ADA), Solana (SOL), and Stellar Lumens (XLM). These assets now join Bitcoin (BTC) and Ethereum (ETH) in a move that could reshape institutional interest in digital assets.

Nasdaq confirmed that these altcoins have been added as part of the index’s reconstitution. The updated list, referred to as “New Index Constituents,” will now be used for pricing and tracking purposes. Even though the Trust focuses solely on Bitcoin and Ethereum, the change still represents a significant achievement for regulatory compliance.

According to the SEC’s paperwork, this action demonstrates that the SEC’s opinion on altcoins is developing. Even though these tokens have experienced legal and regulatory issues, their inclusion in the list recognized by the SEC adds legitimacy to them. It allows companies to work on more products, such as spot ETFs and special crypto tools.

Also Read: Over 2.5 Trillion SHIB Moved to Coinbase—Is a Major Price Shift Coming?

Altcoin Recognition Signals Shift in U.S. Regulatory Approach

This decision comes after the SEC’s earlier approval of spot Bitcoin and Ethereum ETFs. That milestone brought significant institutional inflows, and market analysts believe similar interest may now shift toward the altcoins newly added to the index. The inclusion allows financial institutions to reference a more diversified crypto market within a regulated framework.

XRP’s addition is of particular importance, given its ongoing legal history with the SEC. The revised index makes it clear that attitudes are changing regarding lending regulations. Assets like ADA, SOL, and XLM will also be influenced by the new development since a major financial index now backs them.

Fixing the index is a significant step that shows how the crypto industry is maturing. Their inclusion alone on the trustee list can promote the introduction of new financial tools.

The SEC’s approval of the restructured Nasdaq crypto index has given XRP, ADA, SOL, and XLM a new platform for institutional exposure. It may increase the use of altcoins in areas regulated by financial authorities.

Also Read: XRP Charts Mirror Tesla’s Breakout — Is a 3,500% Pump Coming Soon?

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