SEC Greenlights Crypto ETFs: Unlocking Mainstream Market Access

Wall Street meets crypto—regulators finally open the floodgates.

Breaking Down the Barrier

The SEC's approval slashes entry barriers for everyday investors, letting traditional portfolios tap directly into digital assets without navigating complex custody solutions. No more wrestling with private keys or questionable exchanges—just click and allocate.

Why It Shakes the System

This move legitimizes crypto as an asset class while exposing millions to its volatility. Expect massive liquidity inflows—and equally dramatic sell-offs when sentiment shifts. Wall Street gets a new toy; retail gets a double-edged sword.

Finance’s Ironic Twist

After years of dismissing crypto as a fringe gamble, traditional firms now race to package it into neat, fee-generating products. Because nothing says ‘innovation’ like repackaging disruptive tech into the same old fund structures—all while taking a tidy cut, of course.

$245, XRP, and Dogecoin$0.281064, following Bitcoin$117,350 and Ethereum$4,596.

ContentsApproval Process AcceleratedImpact on the crypto Market

Approval Process Accelerated

The SEC’s decision significantly overhauls the ETF approval mechanism. Previously, both the exchange and the fund manager had to submit separate applications for each product, a process that could exceed 240 days. According to information obtained by Reuters, the new standards have reduced the maximum approval time to just 75 days. This change establishes a faster and more predictable system for both exchanges and asset managers.

SEC Chairman Paul Atkins stated that the new rules would foster innovation. Bitwise Asset Management noted the critical importance of this decision for the widespread adoption of cryptocurrency-based exchange-traded products. Applications for ETFs focused on solana and XRP are expected to be included in this process and receive initial approvals.

In addition, the new regulation enables expedited approval for ETF applications based on cryptocurrencies with futures contracts under the Commodity Futures Trading Commission (CFTC) supervision for at least six months. Consequently, the first products are expected to be available in the market as early as October.

Impact on the Crypto Market

The SEC’s move allows for the diversification of cryptocurrency-based products in the U.S. financial markets. Until now, only Bitcoin and Ethereum-focused spot ETFs had been approved. Now, assets like Solana, XRP, and Dogecoin can also be transformed into ETFs, aiding investors in gaining broader access to the cryptocurrency market.

While the process gained momentum under the TRUMP administration, it slowed during Biden’s term. With the new rules, it is anticipated that many pending ETF applications will be resolved shortly. According to Steve Feinour from the law firm Stradley Ronon, not all cryptocurrencies might meet the criteria, but the new regulation is expected to bring significant expansion in the market.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.