The U.S. SEC plans to overtake spot crypto ETF purposes. Underneath this framework, establishments could have publicity to a number of the greatest cryptos to purchase, together with Solana and TRUMP.
It took greater than a decade for the U.S. Securities and Trade Fee (SEC) to approve the primary batch of spot Bitcoin ETFs.
After the Winklevoss Twins submitted their preliminary utility in 2013, the SEC rejected it, citing manipulation dangers, a scarcity of correct monitoring instruments, and excessive crypto volatility.
By 2023, strain was mounting, and ultimately, Gary Gensler and the SEC authorized 9 spot Bitcoin ETFs in early 2024. A number of months later, spot Ethereum ETFs had been authorized and not using a staking characteristic.
By July 8, 2025, spot Bitcoin and Ethereum ETF issuers in the US collectively managed over $147 billion value 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.
(Supply)
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SEC Making Modifications To Spot Crypto ETF Purposes
Earlier than this landmark determination in 2024, the SEC usually took months, and even years, to assessment and approve a spot crypto ETF utility. The excellent news is that that is about to alter, opening doorways for restricted establishments to get publicity in a number of 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 US.
In line with sources, proposed modifications will embrace a simplified single-step registration course of. Moreover, new pointers for crypto ETFs can be launched. These proposals, if carried out, can be a reduction for candidates.
At the moment, candidates should navigate a cumbersome two-step course of. First, they submit the 19b-4 submitting, which incorporates amendments to trade guidelines. Then, there may be the S-1 registration for the fund itself. This twin course of has typically led to delays, with issuers dealing with extended uncertainty and complicated negotiations with regulators.
Underneath the brand new framework, crypto ETF candidates will solely have to 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’ll introduce pointers to deal with distinctive crypto-specific complexities, similar to staking mechanisms and redemption processes.
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Spot Crypto ETF Purposes, 99% Probability 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 assessment and potential approval for spot ETFs for 
SOL ▼-1.25%, 
XRP ▲0.36%, 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 tip of 2025.
(Supply)
On July 1, 2025, the REX-Osprey Solana ETF, which allows staking, was launched in the US. In contrast to spot Ethereum ETFs, buyers on this spot Solana ETF achieve publicity to SOL and the staking rewards.
DISCOVER: 8 Excessive-Danger Excessive-Reward Cryptos for 2025
New Crypto ETF Framework By SEC To Increase Capital Influx
SEC has already authorized spot Bitcoin and Ethereum ETFs
Purposes undergo a two-step course of
Regulator desires to introduce a brand new framework that simplifies purposes
Extra spot crypto ETF purposes anticipated
The publish Recreation Changer: SEC Streamlines Path for Crypto ETFs appeared first on 99Bitcoins.
