The U.S. Securities and Exchange Commission (SEC) is reviewing over 75 cryptocurrency ETF applications with expectations for approvals to start in October 2025, which may take longer.
According to Nate Geraci, President of NovaDius Wealth Management, the approval of cryptocurrency ETFs could occur within the next two months, opening up great opportunities for the cryptocurrency market to grow rapidly.
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The SEC is currently reviewing over 75 cryptocurrency ETF applications, with approvals potentially starting in October 2025.
The NYSE, NASDAQ, and CBOE exchanges have proposed a common listing standard, helping to streamline the approval process for cryptocurrency ETFs.
The inflow of capital into cryptocurrency ETFs reached approximately $26 billion over the past year, reflecting strong investor confidence.
When does NovaDius forecast that cryptocurrency ETFs will be approved?
Nate Geraci expects cryptocurrency ETFs to be approved in the next two months, facilitating the rapid launch of cryptocurrency ETF products into the market.
He explained that the three main exchanges, NYSE, NASDAQ, and CBOE, have filed for approval of a common listing standard for cryptocurrency ETFs, which eliminates the need for individual ETF approvals if they meet the requirements. This will expedite the process for token-based ETFs such as XRP, Solana, Cardano, and many others.
The President of NovaDius Wealth Management emphasized: "There are currently many applications submitted. The standard framework for cryptocurrency ETFs is expected to be implemented within the next two months, opening the door for a wave of approvals and launches of multiple cryptocurrency ETFs."
Why is there strong growth momentum for the cryptocurrency ETF market?
Geraci stated that the capital inflow into cryptocurrency ETFs over the past year reached $26 billion, indicating high investor interest and confidence in this sector.
This development is driven by the clear legal environment established by the SEC to protect investors and exchanges. The SEC provides transparent guidelines that help reduce volatility and risks in the cryptocurrency market.
"The main story right now is the strong support of the legal framework driving the cryptocurrency space," Nate Geraci shared.
Nate Geraci, President of NovaDius Wealth Management, 2024
He also praised the rapid development of the cryptocurrency industry in the United States, particularly the positive contributions from new legislations such as the GENIUS Act, CLARITY Act, and the SEC's 'Project Crypto' initiative. This shows significant progress in refining the legal framework for cryptocurrencies.
How will the common listing standard of the exchanges impact the cryptocurrency ETF market?
The three exchanges, NYSE, NASDAQ, and CBOE, proposed a common standard to simplify the approval process for cryptocurrency ETFs, especially for spot ETF products.
This reduces the time and legal barriers, facilitating the launch of many new ETFs, which diversifies options for investors and increases market liquidity.
This framework contributes to fostering healthy competition among ETF providers while enhancing transparency and safety for investors.
How do the new laws and SEC projects affect the future of cryptocurrency ETFs?
Legislations such as the GENIUS Act, CLARITY Act, and the SEC's 'Project Crypto' have created a solid legal foundation, promoting sustainable development for the cryptocurrency market in general as well as cryptocurrency ETFs in particular.
The coordination between legal policies helps protect investors while minimizing risks and improving trust in the cryptocurrency ecosystem in the United States, contributing to the long-term growth trend of the industry.
"There have been many positive moves on the cryptocurrency legal front recently," Nate Geraci remarked.
Nate Geraci, President of NovaDius Wealth Management, 2024
Frequently Asked Questions
When will the SEC start approving cryptocurrency ETFs?
The SEC is expected to begin approving cryptocurrency ETFs starting in October 2025, but this may take longer depending on the processing timeline.
What does the common listing standard of the exchanges mean?
This standard helps to quickly approve cryptocurrency ETFs that meet the conditions without needing to review each product, reducing legal time and costs.
What is the level of capital inflow into cryptocurrency ETFs in 2023?
The value of capital flowing into cryptocurrency ETFs has reached approximately $26 billion, reflecting the strong appeal of this investment type.
What legal actions has the SEC taken to support the cryptocurrency market?
The SEC issued legal guidelines, implementing 'Project Crypto' along with legislations such as the GENIUS Act and CLARITY Act to enhance investor protection and market transparency.
How does the approval of cryptocurrency ETFs affect the market?
ETF approvals drive the development of the cryptocurrency market by attracting investment capital, increasing liquidity, and enhancing investor confidence.
Source: https://tintucbitcoin.com/xrp-solana-dem-nguoc-phe-duyet-etf/
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