🚀 SEC takes a giant step: new guide for launching crypto ETFs

Today, July 7, 2025, the U.S. Securities and Exchange Commission (SEC) issued a 12-page guide on disclosure requirements for cryptocurrency-linked ETFs.

🧭 Why is it crucial?

It demands clarity on custody, risks, and specific characteristics of crypto ETFs.

It aims to replace the current process (19b-4 forms, up to 240 days of review) with a standard form that reduces the time to 75 days.

It paves the way for altcoin ETFs like Solana, XRP, and even a meme-coin linked to Trump.

💬 Voices from the industry

Matt Hougan (Bitwise): “The most interesting and important thing is that it exists” — the official guide acknowledges crypto as part of the institutional market.

Sui Chung (CF Benchmarks): The document marks “the beginning of a formal infrastructure” to integrate crypto into exchange-traded funds.

🔜 What’s next?

1. A standardized template is expected soon alongside Nasdaq, Cboe, and NYSE.

2. In the fall, the SEC would launch the second phase, formalizing the new system.

3. Meanwhile, issuers like REX and Osprey have already taken another route to create the REX-Osprey Sol + Staking ETF, which attracted USD 12M.

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✨ Final Reflection

This SEC move transforms the perception of crypto ETFs: from a regulatory experiment to a structured, transparent, and accessible option. If the unified system materializes, we could see spot altcoin ETF launches in the retail market (not just BTC/ETH). Fall is shaping up as a turning point.