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Nasdaq Pushes for Expanded Crypto ETF: XRP, SOL, ADA, XLM Join the Index

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 XRP, SOL, ADA, XLM Join the Index

The post Nasdaq Pushes for Expanded Crypto ETF: XRP, SOL, ADA, XLM Join the Index appeared first on Coinpedia Fintech News

Nasdaq has taken a big step toward expanding crypto investment options by filing a new rule proposal with the U.S. SEC. The plan could change how crypto ETFs are designed and tracked in the U.S., and the crypto community is calling it a “power move” that may drive more institutional interest. However, despite growing excitement around ETFs, the SEC has yet to approve any new applications, leaving some doubts about whether multiple ETF approvals will happen by the end of the year.

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Tags: new