The Nasdaq Crypto US Settlement Price Index (NCIUS) was updated on June 2 to include four new cryptocurrencies: Solana ($SOL), Cardano ($ADA), Stellar ($XLM), and XRP ($XRP). Earlier, it had only included $BTC and $ETH.
While this is great news for the development of the broader crypto market, it ‘s caused an issue for the Hashdex Nasdaq Crypto Index US ETF (NCIQ). This ETF tracks the NCIUS index to provide weighted exposure in $ETH and $BTC.
NASDAQ has submitted a proposal to let NCIQ track the Nasdaq Crypto Index (NCI) instead of the current NCIUS. The NCI index also includes $SOL, $ADA, $XLM, and $XRP, as well as $LINK, $LTC, and $UNI.
The SEC is expected to respond by November 2, 2025. In any case, there’s no denying Wall Street is now adopting a more inclusive approach to crypto, looking at assets other than Bitcoin and Ethereum.
In such a scenario, ‘digital gold’ emerges as a clear alternative.
Michael Saylor’s Strategy, for instance, now owns more than 580K $BTC, and 16 firms added it to their balance sheets just last week.
Governments across the board, like Ireland, Pakistan, and Ukraine, are considering creating their own Bitcoin reserves after the US announced it would pursue one.
With a muscular bull as its mascot and a website theme that mimics Bitcoin’s bright gold color, BTC Bull Token wears its Bitcoin bullish badge with pride.
It does this by being the ONLY crypto today offering free (and completely legitimate) $BTC to its token holders.
The developers have done everything to ensure the project’s success, including using a deflationary approach, also known as a token burn mechanism, which sees the project shaving off a part of the total token supply to push the price.
These ‘token burn’ events will take place every time Bitcoin’s price increases by $50K, starting from $125K.
That’s aside from the chance to win real $BTC (currently worth over $105K) if you’re a $BTCBULL owner.
New ETFs supporting modern cryptocurrencies like Solana and XRP represent a healthy diversification in the market, but the fact remains, there’s only one Bitcoin.
That said, make sure to do your own research before investing. The market is unpredictable, and none of the above is financial advice.
