XRP has achieved a significant milestone in its journey toward mainstream institutional acceptance. The digital asset has been officially included in the Nasdaq Crypto US Settlement Price Index, marking a notable advancement in its recognition within the traditional financial landscape.
Although this development does not immediately result in exchange-traded fund (ETF) holdings, it reflects growing confidence in Ripple's digital asset and reinforces XRP's standing in the competitive cryptocurrency market.
Nasdaq Expands Crypto Index to Include XRP
Nasdaq has broadened its Crypto US Settlement Price Index to include XRP along with other prominent digital assets such as Cardano (ADA), Solana (SOL), and Stellar Lumens (XLM). This expansion moves the index beyond its original composition, which included only Bitcoin (BTC) and Ethereum (ETH). The updated index took effect on June 2, 2025, representing a pivotal moment for XRP's institutional trajectory.
This index serves as the benchmark for the Hashdex Nasdaq Crypto Index US ETF (NCIQ), which currently offers market-cap-weighted exposure exclusively to BTC and ETH under existing U.S. Securities and Exchange Commission (SEC) regulations. Due to these regulatory constraints, the ETF is not yet permitted to hold XRP or the other newly added assets.
In a recent SEC filing, Hashdex clarified, “Under current regulatory restrictions, the Trust is only permitted to hold Bitcoin and Ether. It is not permitted to hold the new index constituents… creating the risk of potential tracking error.”
Despite this limitation, the inclusion is viewed as a forward-looking decision that may reshape institutional engagement with XRP once regulatory frameworks evolve.
Path to ETF Approval and Regulatory Developments
The potential for expanded ETF exposure to assets like XRP depends heavily on regulatory approvals. In March 2025, Nasdaq submitted a proposed rule change that would allow the Hashdex ETF to adopt a more inclusive benchmark—the Nasdaq Crypto Index (NCI), which already includes XRP.
XRP was initially added to the broader NCI in June 2024 and has now been formally integrated into the US-settlement-specific index. The SEC is expected to issue a final decision on Nasdaq’s rule amendment by November 2, 2025. Approval could enable institutional investors to gain direct exposure to XRP, enhancing its accessibility and visibility.
This regulatory milestone could mark a turning point for XRP, especially given its ongoing legal challenges and the need for clearer regulatory guidelines.
XRP Price Stability Amid Institutional Progress
While XRP’s inclusion in the Nasdaq index is a symbolic achievement, its market performance has shown resilience. Recently, XRP surpassed the $2.21 resistance level, maintaining bullish momentum in the short term. As of June 10, it was trading near $2.25, with resistance observed around the $2.30 mark.
Technical indicators suggest a mixed outlook. The Relative Strength Index (RSI) on the two-hour chart stands at 51.52, indicating neutral momentum. However, shorter time frames show RSI levels dipping into oversold territory, suggesting possible buying opportunities.
Traders are monitoring key support and resistance levels closely. A failure to hold above $2.30 on significant volume could lead to a retracement toward the $2.14 support level. Broader market sentiment and regulatory developments will likely influence future price movements.
For those interested in tracking these developments in real time, you can explore live market analysis tools.
Strengthening Institutional Legitimacy
XRP’s addition to Nasdaq’s index is widely interpreted as an endorsement of its growing legitimacy within the digital asset ecosystem. Analysts believe such moves lay the foundation for future inclusion in regulated financial products, which could significantly impact its long-term valuation.
“While ETFs can’t yet hold XRP, this move by Nasdaq reflects growing institutional acceptance,” noted crypto analyst Harshini Chakka. “It’s not just about short-term price action—it’s a step forward for XRP adoption at scale.”
This development aligns with Ripple’s broader strategy to position itself as a integral component of global financial infrastructure, including partnerships with major financial institutions and advancements in its blockchain technology.
Regulatory Challenges and Future Prospects
Despite this progress, XRP’s future remains influenced by ongoing regulatory scrutiny. The legal dispute between Ripple and the SEC continues to shape the classification and regulation of crypto assets in the United States.
Until clearer regulatory guidelines are established or the lawsuit is resolved, crypto ETFs will remain limited in their asset allocations. This restricts full market participation but does not entirely dim the optimistic outlook for XRP.
With increasing institutional interest and Nasdaq’s endorsement, XRP is positioned for potential growth in both market value and legitimacy.
Frequently Asked Questions
What does XRP’s inclusion in the Nasdaq Crypto Index mean?
It signifies growing institutional recognition and acceptance of XRP as a legitimate digital asset. Although it doesn’t currently allow ETF investments, it sets the stage for future financial products tied to XRP.
Can investors buy an XRP ETF now?
Not yet. Current regulatory restrictions prevent ETFs from holding XRP directly. However, pending SEC decisions could change this by the end of 2025.
How does this affect XRP’s price?
In the short term, the impact may be modest due to market and regulatory conditions. Long-term, it could lead to increased demand and stability as institutional access expands.
What are the main regulatory hurdles for XRP?
The ongoing SEC lawsuit regarding the classification of XRP as a security is the primary obstacle. A resolution or clearer regulations could pave the way for broader adoption.
Is Nasdaq directly investing in XRP?
No. Nasdaq’s index inclusion is a methodological update, not a direct investment. It reflects the asset’s growing relevance but does not involve Nasdaq purchasing XRP.
How can individuals stay updated on XRP-related developments?
Following reputable financial news sources and official regulatory updates is recommended. For deeper insights, you can access real-time crypto market tools.
Conclusion
The inclusion of XRP in the Nasdaq Crypto US Settlement Price Index is a landmark event that underscores the digital asset’s advancing institutional acceptance. While immediate effects on price and accessibility may be limited, the long-term implications for adoption and investment are substantial.
As regulatory clarity improves and financial products evolve, XRP could play an increasingly prominent role in investment portfolios and global financial systems. This milestone represents not just a technical achievement but a step toward broader acceptance in the world of traditional finance.