XRP has taken a significant step toward mainstream institutional recognition after its official inclusion in the Nasdaq Crypto US Settlement Price Index.
While the move doesn’t yet translate to ETF holdings, it signals growing confidence in Ripple’s digital asset and strengthens XRP’s position in the evolving crypto market.
Nasdaq Embraces XRP in Expanded Crypto Index
Nasdaq’s decision to expand its Crypto US Settlement Price Index now includes XRP alongside Cardano (ADA), Solana (SOL), and Stellar Lumens (XLM), broadening the index beyond its previous focus on only Bitcoin (BTC) and Ethereum (ETH). The update went into effect on June 2, 2025, marking a pivotal development for Ripple XRP news and its long-term institutional outlook.
On June 6, Hashdex submitted an updated ETF filing to the SEC, reflecting changes to its Nasdaq Crypto Index US benchmark. Source: Sec/Gov
The index is tracked by the Hashdex Nasdaq Crypto Index US ETF (NCIQ), which currently provides market-cap weighted exposure to BTC and ETH under existing U.S. Securities and Exchange Commission (SEC) guidelines. The ETF cannot yet hold XRP or the newly added assets due to regulatory limitations.
“Under current regulatory restrictions, the Trust is only permitted to hold Bitcoin and Ether,” Hashdex stated in a recent SEC filing. “It is not permitted to hold the new index constituents… creating the risk of potential tracking error.”
Despite this caveat, the index expansion is widely seen as a forward-looking move that could reshape the institutional XRP market once regulatory conditions evolve.
Road to ETF Inclusion: SEC Decision Looms
The growing interest in expanding ETF exposure to assets like XRP hinges on regulatory approval. Nasdaq submitted a suggested rule change in March 2025 that would allow Hashdex’s ETF to change its benchmark to the more inclusive Nasdaq Crypto Index (NCI), which includes XRP, Chainlink (LINK), Litecoin (LTC), and Uniswap (UNI) today.
Nasdaq has officially added XRP to its cryptocurrency benchmark, aligning with Brad Garlinghouse’s expectation of an XRP ETF launch in 2025. Source: Amelie via X
XRP first entered the broader NCI in June 2024 but has now been formally added to the more specific NCIUS regime. The SEC must issue a final decision on Nasdaq’s rule amendment by November 2, 2025. If approved, it could mean that institutional investors will own XRP directly for the first time, potentially making the coin more visible and accessible to financial investors.
The action would represent a watershed for XRP in the grand scheme of the Ripple lawsuit and ongoing regulatory friction with the SEC.
Ripple Price Holds Key Levels Amid Institutional Milestone
While XRP’s inclusion in the Nasdaq index is symbolically powerful, the Ripple price has surged above the $2.21 resistance to maintain bullish momentum in the short term. As of June 10, XRP is trading near $2.25, facing resistance at $2.30.
XRP was trading at around $2.25 at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
Technical indicators show bullish price recovery in the short term. The Relative Strength Index (RSI) on the 2-hour chart is at 51.52, showing neutral momentum. RSI readings on lower time frames, such as the 30-minute and 1-minute charts, are at 34.32 and 32.74, respectively, showing that the token is moving towards oversold levels.
If XRP cannot reclaim and maintain above $2.30 on heavy volume, there are already warnings of potential drops to the $2.14 support. Still, traders and institutions alike are keeping an eye on broader market sentiment and upcoming XRP SEC lawsuits or rule changes that may shift the trajectory.
XRP Value Gains Institutional Legitimacy
The inclusion of XRP in Nasdaq’s index is being interpreted as a strong endorsement of Ripple crypto’s maturing position in the digital asset space. Analysts suggest that such steps are laying the groundwork for future integration into regulated investment vehicles, which could significantly impact long-term XRP value.
“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.”
The news also highlights Ripple’s ongoing efforts to establish itself as a foundational piece of global financial infrastructure. From Ripple Bank of America partnerships to developments across the Ripple ledger, this latest move aligns with a broader narrative of institutional integration.
Ripple Lawsuit and Regulatory Outlook Remain Key Factors
Despite its growing institutional exposure, XRP’s future remains tied to ongoing regulatory challenges. The Ripple lawsuit update continues to be closely watched, with the SEC-Ripple battle defining the parameters of how crypto assets are classified and regulated in the U.S.
Ripple is steadily shaping the future of finance with liquidity corridors and tokenized assets, despite XRP’s past setbacks and legal hurdles. Source: @VersanAljarrah via X
Until the SEC provides clearer guidance or settles the XRP SEC lawsuit, crypto ETFs will remain limited in their asset allocations, hindering full market participation.
Nonetheless, with mounting momentum and Nasdaq’s nod of confidence, XRP is better positioned than ever for a breakout—both in terms of price and legitimacy.
Final Thoughts
The addition of XRP to the Nasdaq Crypto US Settlement Price Index represents a major symbolic leap for Ripple XRP news. Although the immediate impact on XRP price may be modest due to current market and regulatory headwinds, the long-term implications for institutional adoption are considerable.
As the crypto market evolves and regulatory clarity improves, XRP’s role in ETFs and other investment products could become much more prominent, marking a new chapter in its journey from litigation to legitimacy.
Source: https://bravenewcoin.com/insights/xrp-news-today-xrp-gets-listed-on-nasdaq-crypto-index-marking-a-milestone-for-xrp-adoption