XRP and Solana Add to the Nasdaq Crypto Index: Market Expansion Is Coming?
The NASDAQ U.S. Settlement Price Index (NCIUS) was updated on June 2 and includes four new cryptocurrencies: Solana ($SOL), Cardano ($ADA), Stellar ($XLM) and XRP ($XRP). Earlier, it included only $btc and $eth.
While this is good news for developing a wider crypto market, it raises the problem with the Hashdex Nasdaq Crypto Index US ETF (NCIQ). This ETF tracks the NCIUS index to provide weighted exposures of $ETH and $BTC.
So far, it can copy indexes with precise and minimal differences. However, even though the composition of NCIUS has now changed, ETFs are not allowed to track any assets other than those. This causes a mismatch between the fund’s goals and the index it is tracking.
Nasdaq submitted a proposal to let NCIQ track the NASDAQ encryption 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. Anyway, what Wall Street is now undeniable is adopting more inclusive cryptocurrencies that look at assets outside of Bitcoin and Ethereum.
Bitcoin is great even when it comes to buying for $106K
Among other pro-Creputo developments, ace bitcoin investor and XRP supporter John Deaton published his analysis expressing his analysis that $btc” SA SAFER is safer to buy at $106,000. He believes that the risk-to-reward ratio is now more favorable than when trading in bitcoin.
Deaton also said the current macroeconomic situation will gradually undermine people’s confidence in fiat currencies. For example, increased government bonds and high tariffs are big red flags for the cash economy.
In this case, “digital gold” is a clear choice.
- First, $BTC is limited in supply, so companies and governments cannot manipulate it.
- Second, companies and countries of all sizes are competing to increase Bitcoin to their balance sheets to increase prices.
For example, Michael Saylor’s strategy now has over 580k $btc, adding 16 companies to the balance sheet last week.
Governments like Ireland, Pakistan and Ukraine are considering creating their own Bitcoin reserves after the United States announced it would pursue one.
All these signals suggest that Bitcoin will stay here and can only become stronger and stronger. If you are also keen to milk $btc until the possible drops at the end, we want to introduce you to the BTC Bull Token.
What is a BTC Bull Token?
BTC Bull Doken ($ btcbull) comes up with a simple idea – cheering on the biggest digital asset, Bitcoin – and turning it into one of the best meme coins on the market right now.
BTC Bull tokens take the muscle bull as mascot and imitate Bitcoin’s bright golden website theme, and with pride in its bullish bitcoin badge.
According to its white paper, it is “an unstoppable force pushing Bitcoin to $1 million+”.
It is the only cryptocurrency today to achieve this, thus offering token holders free (and fully legal) $BTC.
Each time Bitcoin has a new major milestone, such as $150K and $200,000, and $btcbull holders store their own tokens and will have the opportunity to earn real Bitcoin.
Note: The amount of $BTC you receive depends on the number of $BTCBULL tokens you purchased in your community sale. Also, subscribe to BTC Bull Token’s social media (X and Telegram) for updates about Airdrop Events, as you must choose to qualify for participation.
Burn tokens, create hype and enjoy profits
Developers have done everything they can to ensure the success of the project, including using a deflation method, also known as the token burning mechanism, which sees the project cut a portion of the token supply to drive prices.
These “token burning” activities will increase the price of Bitcoin by $50,000 each time, starting from $125,000.
Such incentives, combined with 40% of the chunky supply for PR and marketing, suggest that BTC Bull Token could be one of the hottest cryptocurrencies since its launch.
$ btcbull is currently cheaper than ever
Drag Bitcoin to hell of $1 million and beyond? Get the BTC Bull Token!
Besides you are the owner of BTCBULL, this is a chance to win real $BTC (currently worth over $105K).
The good news is that the token is still in pre-sale, which means you can snap it up for just $0.002555. The project has raised about $7 million in early-stage investor funds and once launched, it will continue. You can read all about it in our BTC Bull Token guide.
More cryptocurrencies are mainstream, but $btc is still the biggest
New ETFs supporting modern cryptocurrencies such as Solana and XRP represent healthy diversification in the market, but the fact remains, there is only one Bitcoin.
That is, make sure to do your own research before investing. The market is unpredictable, and none of the above are financial advice.
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