Nasdaq speaks so for Cardano, he earns among cryptographic giants

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Ada Cardano joined the NASDAQ cryptographic index, moving from the side to the institutional attention center. According to NASDAQ applications, this change brings Ada Next to Bitcoin and Ethereum at one of the main reference points observed by gigantic investors.

This is a sign that regulatory bodies and asset managers perceive Cardano as something more than another blockchain token.

The index expands to nine assets

Based on reports with Taptools i Nasdaq’s The 8-K index form increased from five to nine resources. Now it exchanges Bitcoin, Ethereum, Litecoin, Chain, Uniswap and adds Cardano (ADA), Solana (SOL), Ripple (XRP) and Star (XLM).

The change gives these newcomers a place at the table. It also means more options for tracking this reference point.

Impact on Bitcoins and Ethereum weighing

Earlier, Bitcoin accounts for 85% of the index, and Ethereum was 10%. With ADA and the other three in the game Bitcoin drops to 75% and Ethereum to 11%.

This change allows portfolio managers distribute the risk to a wider set of tokens. It also reduces concentration in the two largest names in Crypto.

ETF Holdings is waiting for Sec signoff

Although the index itself now covers all 9 resources, listed by the USA Hashdex Nasdaq Crypto Index ETF still has only bitcoin and Ethereum. This will not change until SEC signs updates in ETF rules.

Based on the current schedule, approval is expected at the beginning of 2026. Until then, American investors can follow a wider index on paper, but their ETF shares will remain with the original two coins.

Ada Cap Cap is currently $ 24 billion. Chart: TradingView

Cardano gains an institutional headlight

For Cardano it is more than a trophy. This means adding liquidity, better price support and a clearer path to institutional portfolios. More cash on ADA markets and outside it can be narrow commercial spots and sleek out gigantic swings.

Trade platforms, care and stock exchanges also experience influence. They will have to meet the criteria of the volume index, regulated places and institutional class warehouse. These control points aid ensure the comfort of the main players when they decide to buy or sell Ada on a gigantic scale.

In general, the introduction of Ada to this comparative point shows that Huge Finance is watching Cardano more than before. However, the last step – vigorous inclusion of ETF in the USA – is still in the regulations.

A distinguished picture from Unsplash, TradingView chart

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