Analysis points out that the latest regulatory guidelines released by the U.S. SEC may clear obstacles for the approval of cryptocurrency exchange-traded funds (ETFs) such as Solana (SOL) and XRP.
The guidelines, led by the new SEC Chairman Paul Atkins, are not formal rules but provide more specific operational guidance for asset management companies applying for cryptocurrency-linked ETFs, clarifying the approval pathway. This stands in stark contrast to the previous SEC leadership's obstructive attitude towards cryptocurrency ETFs, particularly Bitcoin ETFs, highlighting the current regulatory shift in the cryptocurrency field—from passive restrictions to actively providing a compliance framework.
The market expects that these guidelines may stimulate a large number of cryptocurrency ETF applications, covering not only mainstream coins but potentially including niche varieties such as Trump Meme Coin (TRUMP). This move is seen as a more proactive signal from the SEC regarding cryptocurrency regulation. If a batch of ETFs is approved subsequently, it could drive more compliant funds into the market, profoundly impacting the liquidity and valuation logic of the cryptocurrency market.
$BTC