The U.S. SEC plans to overtake spot crypto ETF purposes. Underneath this framework, establishments may have publicity to among the greatest cryptos to purchase, together with Solana and TRUMP.
It took greater than a decade for the U.S. Securities and Alternate Fee (SEC) to approve the primary batch of spot Bitcoin ETFs.
After the Winklevoss Twins submitted their preliminary software in 2013, the SEC rejected it, citing manipulation dangers, an absence of correct monitoring instruments, and excessive crypto volatility.
By 2023, strain was mounting, and finally, Gary Gensler and the SEC authorized 9 spot Bitcoin ETFs in early 2024. Just a few months later, spot Ethereum ETFs had been authorized with out a staking characteristic.
By July 8, 2025, spot Bitcoin and Ethereum ETF issuers in the USA collectively managed over $147 billion price of shares.
Amongst them, BlackRock is the biggest, serving to issuers handle billions in ETH- and BTC-backed shares.
By July 7, establishments had bought over $216 million in Bitcoin-backed spot Bitcoin ETF shares.
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SEC Making Modifications To Spot Crypto ETF Purposes
Earlier than this landmark resolution in 2024, the SEC sometimes took months, and even years, to evaluate and approve a spot crypto ETF software. The excellent news is that that is about to vary, opening doorways for restricted establishments to get publicity in among the greatest cryptos to purchase.
Reuters notes that the SEC is creating a framework to streamline and speed up the approval of spot crypto ETF purposes in the USA.
In response to sources, proposed adjustments will embrace a simplified single-step registration course of. Moreover, new pointers for crypto ETFs might be launched. These proposals, if carried out, might be a aid for candidates.
At present, candidates should navigate a cumbersome two-step course of. First, they submit the 19b-4 submitting, which incorporates amendments to alternate guidelines. Then, there’s the S-1 registration for the fund itself. This twin course of has typically led to delays, with issuers going through extended uncertainty and complicated negotiations with regulators.
Underneath the brand new framework, crypto ETF candidates will solely must submit a single S-1 submitting, permitting the fund to be cleared for itemizing if the SEC doesn’t object inside 75 days.
To additional simplify the method and supply readability, the regulator is crafting a standard itemizing customary for crypto ETFs. Most significantly, they are going to introduce pointers to deal with distinctive crypto-specific complexities, corresponding to staking mechanisms and redemption processes.
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Spot Crypto ETF Purposes, 99% Likelihood of SEC Approving Spot Solana ETF in 2025
As of July 8, 2025, there have been over 72 crypto ETF filings, with candidates looking for SEC evaluate and potential approval for spot ETFs for , , and even some high Solana meme cash like TRUMP.
Grayscale, VanEck, and Constancy are among the many spot Solana ETF candidates. Punters on Polymarket have positioned a 99% likelihood of a spot Solana ETF being authorized by the top of 2025.
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On July 1, 2025, the REX-Osprey Solana ETF, which allows staking, was launched in the USA. In contrast to spot Ethereum ETFs, buyers on this spot Solana ETF achieve publicity to SOL and the staking rewards.
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New Crypto ETF Framework By SEC To Enhance Capital Influx
SEC has already authorized spot Bitcoin and Ethereum ETFsÂ
Purposes undergo a two-step course ofÂ
Regulator desires to introduce a brand new framework that simplifies purposesÂ
Extra spot crypto ETF purposes anticipated
The submit Sport Changer: SEC Streamlines Path for Crypto ETFs appeared first on 99Bitcoins.