The SEC just did something that’s going to make a lot of people in crypto very happy. They approved new rules that basically streamline how exchanges can list crypto ETFs, which means we’re probably about to see a flood of new products hitting the market.
Up until now, getting a crypto ETF approved was like pulling teeth. Each application had to go through this incredibly long review process that could take up to 240 days or more. The SEC would review everything case by case, and most of the time they’d just say no anyway. Even Bitcoin ETFs took years of fighting before they finally got approved.
Now things are completely different. Under these new rules, the entire process can be finished in just 75 days. That’s a massive improvement that’s going to save everyone a lot of time and headaches.
The first beneficiaries are probably going to be Solana and XRP ETFs, which have been stuck in regulatory limbo for over a year now. Analysts think we could see more than a dozen different cryptocurrencies qualify for ETF treatment under these new standards.
What’s really interesting is how this reflects the complete shift in attitude since Trump took office. The Biden administration was basically hostile to crypto, but now the SEC is actively trying to bring digital assets into the mainstream financial system.
Conclusion
The SEC’s new rules mark a turning point for crypto ETFs-cutting red tape, opening doors for assets like Solana and XRP, and signaling a friendlier U.S. stance toward digital assets under the current administration.
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