SEC approves Hashdex crypto index ETF; XRP, SOL tipped for spot ETF approval

The U.S. Securities and Exchange Commission (SEC) on Sept. 24 approved Hashdex's Nasdaq Crypto Index US ETF under a new listing rule change, according to Nate Geraci, CEO of asset manager Novadius Wealth Management. The fund includes assets such as BTC, ETH, XRP, SOL, ADA, LINK, AVAX, and UNI. Geraci commented that the SEC's easing of regulations now makes it possible to hold cryptocurrencies beyond BTC and ETH through spot ETFs. He views XRP, SOL, and XLM as the most likely candidates for the next approvals.