SEC May Approve Spot Altcoin ETFs by End of 2025
Analysts project a high likelihood of U.S. Securities and Exchange Commission (SEC) approval for spot altcoin ETFs by the end of 2025, estimating a probability of over 75%.
- Eight proposals are currently under SEC review, including funds linked to solana, litecoin, dogecoin, XRP, cardano, avalanche, polkadot, and hedera.
- Index and basket-style ETFs have a 90% chance of approval according to analysts.
- Key deadlines include July 2 for responses on basket-style fund proposals from firms like Grayscale and Bitwise, with decisions on single-asset ETFs expected in October and November.
- Some issuers have proposed funds tracking smaller-cap tokens, but these proposals are not yet in the formal review stage.
- The regulatory environment has shifted positively after the appointment of crypto-friendly SEC Chairman Paul Atkins.