🚀 Ethereum Smashes $10B Reserve Milestone as XRP ETF Looms – SEC Braces for Crypto Power Shift

Ethereum's treasury crosses ten billion dollars—just as Wall Street gears up to bet big on XRP.

The SEC's playing catch-up while the crypto heavyweights rewrite the rules.

Here's why traditional finance is sweating through its suits.

(Spoiler: They still think 'blockchain' is a type of ski binding.)

XRP and Solana ETFs Could Arrive by October

The U.S. Securities and Exchange Commission (SEC) has introduced a Generic Listing Standards framework allowing a dozen digital assets to qualify for ETF approval if they’ve traded futures contracts on designated exchanges for six months. This includes Ethereum, XRP, Solana, Cardano, Dogecoin, and Shiba Inu.

Solana’s ETF approval could come as early as October 10, while XRP’s is expected shortly after. According to market analysts, approval odds for XRP, Solana, and Litecoin ETFs exceed 95%.

The SEC has also approved mixed Bitcoin-Ethereum ETPs, expanded options contract limits, and introduced tax-friendly redemption methods. These changes slash bureaucracy by eliminating the traditional 19b-4 rule change process, streamlining ETF listings to a 75-day review.

The SEC has effectively outsourced ETF approval authority to the Commodity Futures Trading Commission (CFTC) by basing eligibility solely on futures trading history.

SEC Chair Paul Atkins emphasized that the Commission will now “lead the cryptocurrency revolution,” pushing for future-proof regulation while protecting investors.

Despite criticism of Coinbase Derivatives’ monopoly in qualifying futures markets, the SEC’s decision marks a regulatory shift, potentially positioning the U.S. as a global center in crypto innovation.

With 72 crypto ETF applications pending, the coming months could usher in one of the most bullish eras for institutional crypto adoption in U.S. history.

Cover image from ChatGPT, ETHUSD chart from Tradingview