Cardano Joins the Nasdaq Crypto Index: Transitioning into an Institutional Investment Asset

Nasdaq encryption index expansion

Nasdaq has expanded its encryption index from five assets to nine, with Cardano (ADA), Solana, Ripple, Stellar, and others joining to enrich market representation. The weight of Bitcoin has decreased from 85% to 75%, while Ethereum has slightly increased to 11%, diversifying investment risks.

Institutional recognition and support

SBI Holdings, which has long-term cooperation with Ripple, openly affirms the potential of ADA. Asset management institutions such as Grayscale are also increasing their holdings of ADA, strengthening its position in the institutional realm, promoting market consolidation and ecological health.

Technology upgrades and market prospects

Cardano is upgrading through Hydra and Mithril to improve scalability and transaction efficiency, enhancing the platform’s competitiveness. Analysts predict that ADA is expected to break its historical high, especially against the backdrop of the growing maturity of NFTs and DeFi, making its prospects promising.

ETF and regulatory progress

Currently, cryptocurrency-related ETFs have not been fully approved by the SEC, and the complete inclusion of ADA in ETFs is still pending regulatory approval. It is expected that the ETF composition may be updated in early 2026, bringing broader investment opportunities for ADA.