Cardano gets a Wall Street boost while inserting the Nasdaq index, the ADA community interacts
Cardano, the tenth of the cryptocurrency, according to the market value, recently registered an important landmark that can enhance its exposure in Wall Street. CardianCardano’s X community account, highlights this teacher in a recent tweet.
Fracture:
NASDAQ reshaped the USSIS price index (NCIUS) to include Cardano $ Ada.
This index acts as a standard for Hashdex Crypto ETF.
This is a big step forward in making Cardano closer to Wall Street and traditional markets. pic.twitter.com/shxeikajub
Cardanians (CRDN) (Cardanians_IO) June 7, 2025
NASDAQ has reshaped the settlement price index in Nasdaq Crypto US (“NCIUS”), which currently works as a standard index of Hashdex Nasdaq Crypto Index US ETF, starting from June 2, 2025, according to the 8-K model 8-k SEC file.
As a result of the restoration, “NCIUS” now includes Cardano and three additional digital origins: Solana (Sol), Stellar (XLM) and XRP, as well as Bitcoin (BTC) and ETHEREUM (ETH).
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“This is a big step forward in making Cardano closer to Wall Street and traditional markets,” Kardyanz wrote, echoing a feeling in most of ADA society.
Despite the changes, Hashdex Nasdaq Crypto ETF is only allowed to keep BTC and ETH due to the restrictions of the currently approved listing base, whose property is restricted to BTC and ETH only while eagerly awaiting SEC to change the proposed base.
A major decision in the future
On March 7, 2025, Nasdak made a proposal to the base with the SEC, as it seeks to include Cardano, XRP and other cryptocurrencies at Crypto Index on the Nasdaq Stock Exchange.
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If approved, changing the base will allow Hashdex Nasdaq Crypto Index US ETF to change its standard “NCIUS” index to the NASDAQ (“” NCI “), a broader index that would carry nine digital assets.
Approval of confidence will also allow a broader set of index components, including BTC, ETH, XRP, Sol, Ada, ChainLink (Link), Litecoin (LTC), XLM and UniWAP (UNI). SEC’s changing changing is now reviewed, with a final decision due on November 2 or before.
