Hashdex Expands U.S. Crypto ETF to Add XRP and Solana as Solana Slips Under $200

Hashdex Asset Management and Nasdaq Global Indexes have expanded the Hashdex Nasdaq Crypto Index US ETF (NCIQ), giving ￰0￱ diversified access to five leading cryptocurrencies in one ￰1￱ earlier this year with Bitcoin and Ether, the ETF will now also include XRP, Solana, and Stellar according to the press release , providing exposure to a combined market capitalization exceeding $3 ￰2￱ move not only strengthens Hashdex’s position as a pioneer in crypto index investing but also provides investors a simpler entry into digital assets at a critical time for market ￰3￱ Market Access Through NCIQ The expansion of NCIQ marks a significant milestone in the ￰4￱ now have one of the first opportunities to access multiple crypto assets directly through a single spot ￰5￱ the Nasdaq Crypto US™ Index (NCIUS) as its benchmark, the fund focuses on assets that meet strict liquidity and compliance ￰6￱ ADA is currently eligible under the index rules, it is not included in NCIQ’s ￰7￱ already manages similar multi-asset products in Europe and Latin America, highlighting its global reach and ￰8￱ Sampaio, CEO of Hashdex, emphasized that the expansion reflects the growing demand from ￰9￱ and ￰10￱ Samir Kerbage added that index investing in crypto eliminates the need to pick individual winners, making diversified products like NCIQ a natural next step for the ￰11￱ Faces Pressure After Rally Despite its inclusion in the expanded ETF, Solana is under notable pressure in the spot ￰12￱ token has slipped nearly 20% over the past week, now trading at $193.25.

According to Umair Crypto, the decline began after bearish divergence appeared while Solana was near $250. Since then, price has broken below $200, a key psychological level, and is now testing lower ￰13￱ defense sits at $184.88, while a failure to hold could expose $160.88 as the next downside target.