In a significant development that may accelerate the mainstream acceptance of altcoins, the U.S. Securities and Exchange Commission (SEC) has implicitly endorsed the inclusion of four major cryptocurrencies—XRP, Cardano (ADA), Stellar Lumens (XLM), and Solana (SOL)- into a key institutional benchmark. The move comes through the SEC’s greenlighting of the newly reconstituted Nasdaq Crypto Index Settlement Price Index (NCIUS), which now incorporates these digital assets alongside Bitcoin (BTC) and Ethereum (ETH). This change marks a critical milestone in the evolving regulatory landscape of crypto assets, one that has the potential to open the floodgates for altcoin-based exchange-traded funds (ETFs) and broader institutional engagement. BREAKING: The SEC greenlights Nasdaq Crypto Settlement Index, including #SOL , #ADA , #XLM , and #XRP — paving the way for future altcoin ETFs! pic.twitter.com/4C8OPXHd7E — JackTheRippler © (@RippleXrpie) June 7, 2025 A Landmark Inclusion Nasdaq, Inc. had announced a reconstitution of the NCIUS index to include ADA, SOL, XLM, and XRP—cryptocurrencies that have often found themselves in regulatory limbo. As per an official disclosure, the newly added tokens are now collectively referred to as the “New Index Constituents” and are included for index valuation and performance tracking. The Trust that currently references the NCIUS will continue to use the index as a benchmark for asset valuation, though it is presently restricted to holding only BTC and ETH due to listing rule limitations. This reconstitution doesn’t simply adjust the weighting of assets; it symbolizes regulatory acceptance, at least to the extent that these tokens meet the SEC’s rigorous standards for inclusion in a financial product governed by U.S. securities laws. Regulatory Shift Signals ETF Pathway One of the most compelling implications of this development is the potential pathway it opens for the creation of altcoin-based ETFs. With ADA, SOL, XLM, and XRP now embedded in a Nasdaq-regulated index, approved by the SEC, market participants and ETF issuers may interpret this as a green light to pursue spot ETFs or structured crypto investment products based on these assets. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 While the SEC has been historically cautious, often citing investor protection and market integrity, their recent stance reflects a strategic pivot. Notably, this follows the landmark approval of spot Bitcoin and Ethereum ETFs, which have already catalyzed billions in institutional inflows. What This Means for XRP and Its Legal Legacy Perhaps most significant in this list is XRP, a digital asset that has been at the center of a prolonged legal dispute between Ripple Labs and the SEC. The inclusion of XRP in the NCIUS further legitimizes its status as a non-security asset, at least in the eyes of institutional frameworks. It may also reinforce the crypto community’s position that XRP is uniquely positioned to play a role in regulated financial markets, especially in cross-border payments and liquidity management. A Step Toward Maturity in the Crypto Sector The SEC’s approval of this reconstitution underscores a maturing regulatory approach that appears more willing to accommodate the evolving dynamics of digital finance. While the Trust linked to the index is currently unable to directly hold the newly included assets, the symbolic value of their inclusion cannot be overstated. It signals that U.S. financial gatekeepers are slowly aligning with the global momentum around diversified crypto portfolios. For now, this index update offers a strong validation of ADA, SOL, XLM, and XRP as credible, investable assets within the parameters of U.S. financial regulation. Market observers expect that this move could trigger a cascade of product innovations, from altcoin ETFs to structured derivatives, and possibly usher in the next chapter of institutional crypto adoption. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post SEC Makes Fresh Bullish Move On XRP, Cardano, XLM, Solana appeared first on Times Tabloid .
