#SECETFApproval Here’s the latest on SEC approvals and guidance for crypto ETFs:
1. New SEC Disclosure Guidance for Crypto ETFs (July 7, 2025)
The SEC released a 12‑page guidance document outlining new disclosure requirements for crypto-based ETFs. It emphasizes transparency around custody arrangements, risk disclosures, and other specific crypto-related issues.
It marks the first major shift under the current pro‑crypto SEC leadership, setting the stage for faster approvals. A new standardized listing format is expected soon, which could cut approval timelines from ~240 to ~75 days.
2. Grayscale’s Crypto Basket ETF Approved (July 1, 2025)
The SEC converted Grayscale’s Digital Large Cap Fund into a spot ETF holding Bitcoin, Ethereum, XRP, Solana, and Cardano.
Allocation breakdown: ~80 % BTC, 11 % ETH, ~5 % XRP, ~3 % SOL, ~1 % ADA.
3. Bitwise Combo ETF Greenlit (Jan 30, 2025)
The SEC approved Bitwise’s combined Bitcoin & Ethereum spot ETF on an accelerated basis. This marks the second major multi‑crypto ETF after Hashdex/Franklin launches.
4. Post‑January 2024: Spot Bitcoin ETF Floodgates Open
As of January 2024, the SEC approved 11 spot Bitcoin ETFs from major issuers like BlackRock, Grayscale, Fidelity, VanEck, ARK, Bitwise, WisdomTree, Invesco, Valkyrie, Franklin, and Hashdex.
Since launch, these spot BTC ETFs have drawn tens of billions in inflows.
🔍 What It Means Going Forward
Phase Description
**0 – Early Mass Approval (Jan 2024)** Spot Bitcoin ETFs approved; institutional/traditional adoption surged.
**1 – Expansion (2024–early 2025)** First Bitcoin+Ethereum ETFs emerge (Hashdex, Franklin, Bitwise).
**2 – Diverse Basket ETFs (Jul 2025)** Grayscale’s multi‑crypto fund includes altcoins beyond BTC & ETH.
**3 – Streamlined Approval (mid‑2025)** SEC guidance aims to simplify and accelerate the ETF review and listing process.
This expansion means dozens more crypto ETFs—whether single coin, combos, or baskets—are in the pipeline. Last April, it was reported there were 70+ crypto ETF applications under review.
📅 What’s Next?
We're likely to see an influx of new spot ETFs across various coins (Solana, XRP, potentially meme coins).
The SEC’s new listing template could fast-track launches in the coming months.
Institutional and retail investors can expect more diversified and transparent ETF options soon.
Would you like a breakdown of the most promising upcoming crypto ETFs? Or perhaps a guide on how these developments could affect investment strategies?
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