Asset Manager Hashdex has expanded its Crypto index index US-Traded Fund (ETF) to include XRP (Xrp), Ground (GROUND) and stellar (XLM) Following the modification of the generic registration rules of the Securities and Exchange Commission (SEC).
The FNB on the Nasdaq scholarship list now includes five cryptocurrencies held in 1: 1 by the fund, including Bitcoin (BTC) and ether (Ethn), and is negotiated under the symbol of Ticker NCIQ, according to Thursday announcement.
Dry Generic registration standards approved for FNB In September, paving the way for a faster ETF approval process for eligible cryptocurrencies.
To qualify for the eligibility of generic ads, a cryptocurrency must be classified as a basic product or term contracts on the exchange of good reputation. In addition, eligible cryptos must be subject to financial monitoring of the American Intermarket Supervisory Group.
Market analysts and industry executives anticipate A torrent of new Crypto ETF deposits due to new standards, which will give stock market participants access to cryptographic markets and blur the line between traditional financial instruments and digital assets.
In relation: Sec Listing rules to stimulate Crypto ETF, but no guarantee of entries: Bitwisewise
The dry United States is starting to approve multi-active crypto ETF to speed up innovation
Dry Approved the digital fund on large increases in gray levelsThe first American multi-network crypto ETF on September 17.ADA).
The President of the SEC, Paul Atkins, is the spearhead of efforts to rationalize the approval process of ETFs for cryptocurrencies in the context of a broader initiative to modernize the financial system of digital finance.
Atkins recently offered a “Innovation exemption” for cryptographic companiesA regulatory sandbox that would allow cryptographic projects to experiment with new technologies without fear of regulatory reprisals from government agencies.
SEC, at the request of the administration of the American president Donald Trump, published a series of political declarations and proposals in 2025 designed to reduce the regulatory burden of cryptographic companies – a brutal gap compared to the Dry under the direction of former president Gary Gensler.
These policies include Put an end to the regulations by the application Or the deposit of proceedings against projects without notice, manufacturing complete market structure rules for digital assets and classifying most cryptocurrencies as raw materials.
Review: The U-turn of the dry on the crypto leaves key questions unanswered
