The U.S. SEC plans to overtake spot crypto ETF purposes. Below this framework, establishments could have publicity to a few 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 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 ultimately, Gary Gensler and the SEC accredited 9 spot Bitcoin ETFs in early 2024. Just a few months later, spot Ethereum ETFs have been accredited with no staking function.
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)
DISCOVER:Â 9+ Greatest Excessive-Threat, Excessive-Reward Crypto to Purchase in July 2025
SEC Making Adjustments To Spot Crypto ETF Functions
Earlier than this landmark choice in 2024, the SEC usually took months, and even years, to assessment and approve a spot crypto ETF software. The excellent news is that that is about to alter, opening doorways for restricted establishments to get publicity in a few 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 keeping with sources, proposed modifications will embrace a simplified single-step registration course of. Moreover, new tips for crypto ETFs shall be launched. These proposals, if carried out, shall be a aid 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 alternate guidelines. Then, there may be the S-1 registration for the fund itself. This twin course of has usually led to delays, with issuers going through extended uncertainty and complicated negotiations with regulators.
Below 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 commonplace for crypto ETFs. Most significantly, they may introduce tips to handle distinctive crypto-specific complexities, reminiscent of staking mechanisms and redemption processes.
DISCOVER:Â Subsequent 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
Spot Crypto ETF Functions, 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 in search of SEC assessment and potential approval for spot ETFs for , , and even some prime Solana meme cash like TRUMP.
Grayscale, VanEck, and Constancy are among the many spot Solana ETF candidates. Punters on Polymarket have positioned a 99% probability of a spot Solana ETF being accredited by the tip of 2025.
(Supply)
Â
On July 1, 2025, the REX-Osprey Solana ETF, which allows staking, was launched in the US. Not like spot Ethereum ETFs, traders on this spot Solana ETF acquire publicity to SOL and the staking rewards.
DISCOVER: 8 Excessive-Threat Excessive-Reward Cryptos for 2025
New Crypto ETF Framework By SEC To Increase Capital Influx
SEC has already accredited spot Bitcoin and Ethereum ETFsÂ
Functions undergo a two-step course ofÂ
Regulator needs to introduce a brand new framework that simplifies purposesÂ
Extra spot crypto ETF purposes anticipated
The publish Sport Changer: SEC Streamlines Path for Crypto ETFs appeared first on 99Bitcoins.