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SEC approves Nasdaq rule citing XRP with Bitcoin and Ether, enabling more flexible crypto ETFs.

Market News
05 Sep 2026
Coinpaper
View Source
Bullish
SEC approves Nasdaq rule citing XRP with Bitcoin and Ether, enabling more flexible crypto ETFs.

The SEC approved changes to Nasdaq Texas Rule 5711(d), explicitly naming XRP alongside Bitcoin, Ether, and Solana as digital assets meeting commodity-based trust standards. This approval allows crypto trusts to hold at least 85% in qualifying assets and up to 15% in other digital commodities or certain securities, enabling more diversified and actively managed crypto ETFs. While XRP's price dropped slightly amid broader market pressures, institutional demand remains strong with significant ETF inflows and major financial firms increasing holdings. The ruling signals a shift towards more innovative crypto investment products beyond single-asset ETFs, positioning XRP and other major digital assets as core components of regulated crypto portfolios.

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