🪙 The SEC may approve several altcoin ETFs in the second quarter of 2025
The SEC stated that Proof-of-Work tokens do not fall under the definition of securities and, like BTC, should be considered commodities. This creates a strong foundation for launching ETFs on altcoins.
💸 For example, LTC has also been considered the main candidate for approval — now its chances have increased even more.
But it's not just about PoW. The SEC has gradually begun to recognize entire categories of cryptocurrencies as commodities.
🦮 In February, it officially stated that meme coins are not securities. This cleared the way for a possible launch of an ETF on Dogecoin.
