A major regulatory shift in the U.S. could pave the way for a wave of crypto-based exchange-traded funds, with market observers predicting a surge in altcoin-focused products this summer.
The U.S. Securities and Exchange Commission (SEC) has recently taken its most concrete step yet toward streamlining how crypto ETFs are reviewed and approved. Rather than continue its historically slow, case-by-case method, the agency appears to be preparing a standardized path for future listings.
A recently published 12-page document has sparked optimism throughout the industry. The guidance lays out disclosure expectations and operational clarity for crypto asset funds, a sign that the SEC is finally recognizing these instruments as part of the mainstream financial system. Bitwise’s Matt Hougan noted this as a milestone moment, suggesting it legitimizes digital assets as investable instruments in traditional markets.
Although a full overhaul of the ETF review system is still underway, the SEC is already discussing changes that would drastically reduce approval timelines—from around 240 days to just 75—by eliminating the cumbersome exemption process currently required.
While the new framework is being finalized, some asset managers aren’t waiting on the sidelines. REX Financial and Osprey Funds recently launched a fund offering indirect exposure to Solana, complete with staking rewards. The innovative structure attracted $12 million in assets on its first trading day, offering a glimpse into how firms are moving quickly to capitalize on regulatory gaps.
With over 50 ETF applications now sitting with the SEC—including products tied to altcoins like XRP, Dogecoin, and even meme-themed tokens—anticipation is high that the next phase of ETF expansion will focus heavily on the crypto sector.
If the SEC’s broader guidance lands this autumn as expected, the months ahead could mark the beginning of a new era for retail and institutional investors eager to access the altcoin space through regulated investment products.
Source: https://coindoo.com/altcoin-etfs-may-be-closer-than-ever-as-sec-revamps-its-approach/