XRP is gaining ground in the U.S. exchange-traded product (ETP) market as regulators open the door for diversified crypto funds. Hashdex Asset Management Ltd. announced on Sept. 25 that the Hashdex Nasdaq Crypto Index US ETF (Nasdaq: NCIQ) has expanded, describing it as “the first multi-asset spot crypto ETP in the United States.” The ETF, launched in February, will now operate under the SEC’s generic listing standards, a regulatory framework that expands eligibility for additional crypto assets.

Initially launched with spot bitcoin and ether, NCIQ will now provide exposure to spot bitcoin, ether, XRP, solana, and stellar—representing over $3 trillion in combined market capitalization—through a single, tradable product.

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