SEC Moves to Turbocharge Crypto ETF Approvals – Wall Street Braces for Digital Gold Rush

The SEC is quietly drafting rules to fast-track crypto ETFs—cutting through years of regulatory gridlock in one fell swoop. Wall Street's about to get its easiest on-ramp yet to digital assets.

Behind closed doors, regulators are reportedly crafting a standardized framework for approving spot Bitcoin and Ethereum ETFs. No more case-by-case delays—just a clean, repeatable process that could flood the market with new crypto investment products by 2026.

Industry insiders whisper this could be Gary Gensler's olive branch to crypto after years of enforcement actions. Or maybe just a calculated move to bring billions in institutional money onshore before the election. Either way, the ETF dam is about to break.

Funny how Wall Street always finds a way to profit from what it once called 'rat poison'—now with 2% management fees and a prospectus.

‘Very good news’

Bloomberg ETF analyst James Seyffart wrote on X that a generic standard “would be very good news for the crypto ETF space,”it would offer “clear rules of the road” and deliver long-requested regulatory certainty. 

Eric Balchunas, senior ETF analyst at Bloomberg,. He called the concept “what everyone wants, what makes sense, and what we think will happen,” reiterating that such clarity underpins their 95% approval outlook for most leading coins. 

He added that the key question centers on the eventual thresholds but predicted they “will likely be loose enough where the vast majority of top 50 coins would be OK to be ETF-ized.”

The analysts also note that a broad standard could encourage multi-asset portfolios and staking-based structures similar to the pending solana proposal.

Recent ETF momentum

The Bloomberg analysts have also recentlyof multi-asset index and basket ETFs, with funds for Dogecoin, Cardano, Polkadot, and Avalanche carrying a 90% probability later in the year.

Following their prediction, the Grayscale crypto basket fund received approval from the SEC to be converted into an ETF.

Furthermore, the Bloomberg analysts raised the approval odds for Solana, Litecoin, and XRP ETFs to 95% by 2025. They base their outlook on rising institutional demand and the current US administration’s pro-crypto stance.