The U.S. SEC plans to overtake spot crypto ETF functions. Beneath 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 Change 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, a scarcity of correct monitoring instruments, and excessive crypto volatility.
By 2023, stress was mounting, and ultimately, Gary Gensler and the SEC permitted 9 spot Bitcoin ETFs in early 2024. A couple of months later, spot Ethereum ETFs have been permitted with no 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 Adjustments To Spot Crypto ETF Functions
Earlier than this landmark determination in 2024, the SEC usually 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 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 functions in the US.
Based on sources, proposed adjustments will embrace a simplified single-step registration course of. Moreover, new tips for crypto ETFs can be launched. These proposals, if applied, can be a aid for candidates.
Presently, candidates should navigate a cumbersome two-step course of. First, they submit the 19b-4 submitting, which incorporates amendments to change guidelines. Then, there’s the S-1 registration for the fund itself. This twin course of has typically led to delays, with issuers dealing with extended uncertainty and sophisticated negotiations with regulators.
Beneath 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, corresponding to staking mechanisms and redemption processes.
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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 evaluate and potential approval for spot ETFs for 
SOL â–¼-1.25%, 
XRP â–²0.36%, 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% probability of a spot Solana ETF being permitted 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 US. Not like 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 permitted spot Bitcoin and Ethereum ETFsÂ
Functions undergo a two-step course ofÂ
Regulator needs to introduce a brand new framework that simplifies functionsÂ
Extra spot crypto ETF functions anticipated
The submit Sport Changer: SEC Streamlines Path for Crypto ETFs appeared first on 99Bitcoins.
