Expanded by Asset Hashdex ManagerXRP), SOL (Sol) and stellar (XLM) Following the common change of listing rules from the Securities and Exchange Commission (SEC).
The NASDAQ Stock Exchange listed at ETF includes five cryptocurrencies held 1: 1 of funds, including Bitcoin (Btc) and ether (Eth), and trade under the NCIQ ticker symbol, according to Thursday announcement.
The Sec Approved Common List Standards for ETFs In September, putting the way for a faster ETF approval process for the right cryptocurrencies.
In order to qualify for general fitting in the list, a cryptocurrency must be classified as a commodity or feature of futures that are listed in respectable exchanges. In addition, right cryptos should be subjected to financial monitoring under the US Intermarket Surveillance Group.
Market analysts and industry executives expect A new Crypto ETF filing of new standards, which will provide access to stock market participants in crypto markets and fades the line between traditional financial instruments and digital ownership.
Related: SEC List Rules to boost Crypto ETFs, but there is no guarantee of streams: Bitwise
US SEC initiates approval of multi-asset crypto ETFs to facilitate change
The Sec Grayscale Digital Great Cap Fund has been approvedThe first US Multi-Asset Crypto ETF, on September 17. Grayscale’s funds include BTC, ETH, XRP, Sol and Cardano (Ada).
The SEC Chair Paul Atkins is leading the efforts to lift the ETF’s approval process for cryptocurrencies as part of a broader initiative to modernize the financial system for digital finances.
Atkins recently suggested a “Innovation Exemption” for crypto companies.
The SEC, in the best of US administration Donald Trump, released a series of policy statements and proposals in 2025 designed to reduce the regulation to bear the crypto companies – a Stark removal from SEC under the leadership of former Chair Gary Gensler.
These policies include Termination of regulation by implementation Or filing demands against projects without the appropriate notice, making comprehensive market structure rules for digital assets and classification of most cryptocurrencies as goods.
Magazine: SEC U-Turn to Crypto leaves key questions that are not answered
