The U.S. SEC plans to overtake spot crypto ETF purposes. Below this framework, establishments may 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 utility in 2013, the SEC rejected it, citing manipulation dangers, an absence of correct monitoring instruments, and excessive crypto volatility.
By 2023, stress was mounting, and finally, Gary Gensler and the SEC authorized 9 spot Bitcoin ETFs in early 2024. A couple of months later, spot Ethereum ETFs had been authorized with out a staking function.
By July 8, 2025, spot Bitcoin and Ethereum ETF issuers in america 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: 9+ Finest Excessive-Threat, Excessive-Reward Crypto to Purchase in July 2025
SEC Making Modifications To Spot Crypto ETF Purposes
Earlier than this landmark resolution in 2024, the SEC usually took months, and even years, to overview and approve a spot crypto ETF utility. The excellent news is that that is about to vary, opening doorways for restricted establishments to get publicity in a few of the greatest cryptos to purchase.
Reuters notes that the SEC is growing a framework to streamline and speed up the approval of spot crypto ETF purposes in america.
In keeping with sources, proposed modifications will embody a simplified single-step registration course of. Moreover, new tips for crypto ETFs will likely be launched. These proposals, if applied, will likely 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’s the S-1 registration for the fund itself. This twin course of has usually led to delays, with issuers going through extended uncertainty and sophisticated 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 normal for crypto ETFs. Most significantly, they are going to introduce tips to deal with distinctive crypto-specific complexities, resembling staking mechanisms and redemption processes.
DISCOVER: Subsequent 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
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 in search of SEC overview and potential approval for spot ETFs for 
SOL ▼-1.25%, 
XRP ▲0.36%, 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 authorized by the tip of 2025.
(Supply)
On July 1, 2025, the REX-Osprey Solana ETF, which allows staking, was launched in america. Not like spot Ethereum ETFs, buyers 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 Enhance Capital Influx
SEC has already authorized spot Bitcoin and Ethereum ETFs
Purposes undergo a two-step course of
Regulator needs to introduce a brand new framework that simplifies purposes
Extra spot crypto ETF purposes anticipated
The put up Sport Changer: SEC Streamlines Path for Crypto ETFs appeared first on 99Bitcoins.
