SEC Approves Nasdaq Rule Change Recognizing Major Cryptocurrencies as Commodities

The US Securities and Exchange Commission (SEC) has given its approval for Nasdaq's Texas rule change, which effectively classifies Bitcoin, Ethereum, Solana, and XRP as digital commodities.

This shift in classification will enable more flexible management of crypto investment products on the exchange, including multi-asset trusts holding up to 15% of assets that don't meet all listing criteria.

Nasdaq's move aligns with recent regulatory trends toward clearer crypto asset classification and supports growing demand for regulated crypto investment products.