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Nasdak says yes to Kardano, he earns a place between the encryption giants

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Ada’s Cardano joined the Nasdaq Expatriate, where he moved from the side lines to the institutional spotlight. According to Nasdak files, this shift brings Lead Besides Bitcoin and Ethereum in one of the main criteria monitored by big investors.

It is a sign that organizers and asset managers see Cardano more than just another Blockchain symbol.

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The index extends to nine assets

Based on reports from Taptools and Nasdak Form 8-k, the index grew from five to nine assets. He is now telling Bitcoin, Ethereum, Litecoin, ChainLink, Uniswap, adds Cardano (ADA), Solana (Sol), Ripple (XRP), and Stellar (XLM).

Change gives these new arrivals a seat on the table. This also means more options for the money that follows this standard.

Impact on bitcoin weighting and the Atharm

Previously, Bitcoin made 85 % of the indicator and Ethereum 10 % nodes. With ADA and the other three playing, Bitcoin’s share decreases to 75 % and ethereum to 11 %.

This transformation allows governor managers to spread risks through a broader set of symbols. It also reduces the focus in the two largest names in encryption.

Etf Holdings is waiting for log in SEC

Although the index itself now includes all the nine assets, the Hashdex Nasdaq is still carrying only Bitcoin and ethereum. This will not change until SEC signs the updates on the eTf rules book.

Based on the current schedule, this approval is expected to be in early 2026. Until then, American investors can follow the broader index on paper, but their ETF shares will adhere to the original coin.

Ada Market Cap is currently at $ 24 billion. table: Tradingvief

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Cardano acquires institutional lights

For Cardano, this is more than just a cup. This means added liquidity, better price support, and a more clear path in the institutional portfolios. More cash inside and outside the ADA market can narrow the trading differences and soften large fluctuations.

Trading platforms, nursery services and exchanges will also feel effect. They will need to meet the standards of the index-fixed size, organized places, and institutional storage. These checkpoints help maintain the comfort of the main players when they decide to buy or sell ADA on a large scale.

In general, ADA explains in this standard that Big Finance sees Cardano more closely than before. However, the last step – effective ETF inserting into the United States – still lies with the organizers.

Distinctive image from Unsplash, tradingvief chart

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