SEC Opens Door to Crypto ETF Boom with New Guidance, Eyes Broader Access to Solana, XRP, Trump Memecoin Funds

The American Securities and Exchange (SEC) commission has taken a central stage to dominant cryptographic investment products with the publication of long-awaited directives for negotiated stock market (ETP) products linked to cryptocurrencies.

The 12 -page document, issued silent last Tuesday, explains how asset managers should prepare deposits for cryptographic ETFs, signaling a sweet pivot by the regulator under the republican direction of the Trump administration.

This decision is the clearest indication, at that time that the dry rethinks its posture to digital assets – an industry that it had previously targeted with an aggressive application campaign. As part of the new executive, the Commission has interrupted or abandoned several high -level prosecutions and started to develop a regulatory plan that can accelerate approvals for ETFs that follow everything, from Solana to coins on the theme of Trump.

The initiates of the SEC cited by Reuters said that the agency also works on a new registration model to replace the long and restrictive request process 19 (B) (4), which currently requires exchanges to search for individual exemptions for each new ET Crypto. If adopted, the new executive could reduce the 240 -day examination time as little as 75 days, allowing faster market entry for dozens of ETF Crypto proposals while currently waiting for a verdict.

“This is the first time that we have seen concrete road rules for ETP Crypto,” said Matt Hougan, director of investments at Bitwise Asset Management, who has several requests for pending crypto. “The most important thing is that these tips exist at all.”

The new dry document asks the issuers to explain in ordinary English how FNB Crypto differ from traditional offers, in particular with regard to childcare arrangements, the evaluation methodology and the risks on the volatile markets of digital assets. The objective, according to familiar officials, is to simplify the internal dry examination process while improving transparency for investors.

“These directives reflect the recognition of the SEC that ETP Crypto are now part of the traditional investment,” said Such Chung, CEO of CF Benchmarks, a main provider of Crypto index.

But the real breakthrough can reside in the second planned phase of the regulatory reform. SEC staff are now working with major exchanges like Nasdaq and CBOE to write a universal quotation framework, which could eliminate the need for examination on a case -by -case basis from each ETF linked to individual cryptographic assets.

This overhaul comes in the middle of increasing pressure on regulators to keep up with the pace of financial innovation. With more than two dozen ETF documents pending, including those related to XRP, Polkadot, Dogecoin and even the memes part of President Trump – the dry should issue additional rules before the fall, potentially opening the flood doors to a new class of cryptocurrency investment products.

Solana in the spotlight

While most of the asset managers expect lighter rules, some already find creative solutions.

Last week, Rex Financial and Osprey Funds launched the first American ETF offering an indirect exhibition in Solana, the sixth world cryptocurrency. Nicknamed Rex-Osprey Sol + Staking ETF, the product does not invest directly in Solana but rather channels investors’ funds in a separate entity which contains both Solana tokens and a Solana fund not based in the United States.

This strategy allows Rex and Osprey to bypass dry restrictions on cryptographic ETFs. The fund also presents performance opportunities via stimulation, in which tokens holders validate blockchain transactions in exchange for awards.

“This is not a case of / or,” said Greg King, CEO of Rex Financial. “We are now going out in front of what is authorized, and we will deposit for a direct Solana andp when the dry finalizes its wider rules.”

King said that the new ETF had a successful $ 12 million on its first day of negotiation on July 1, highlighting the high demand for exhibition investors in emerging blockchain networks.

The position of the changing cryptography of the Trump administration

The guidelines mark a significant change in relation to the previous approach of the SEC under Trump, which initially supported the robust application against digital assets considered as titles. However, with the training of a new working group on dry crypto, a refocusing of its application priorities and a more collaborative posture towards asset managers, the Trump administration now seems to promote the integration of cryptography more firmly in the financial system.

Familiar sources with the case told Reuters that the president of the Sec Hester Peirce and Commissioner Mark Uyeda, both Republicans, defended efforts to rationalize the ETF process and reduce regulatory strangles, in particular for “merchandized” assets like Bitcoin, Ethereum and Solana.

While the Nasdaq, the CBOE and the New York Stock Exchange refused to comment, the leaders of several ETF issuers expect a unified Crypto ETF model to be deposited “in a few days or weeks”.

The upcoming roadmap suggests an intense period of product launches and competition. Asset managers like Bitwise, Vaneck, Graycale and Blackrock all have deposits in the pipeline. Once the second orientation phase has been issued – Expected in the fall at the start – the dry could start to approve a wave of new ETFs, including those of the parts and high volatility altcoins which had previously been relegated to the exchanges of crypto.

Despite the rapid pace of development, the initiates of the industry warn that the SEC does not rush and that the protection of investors remains a central concern.

“The crypto can enter the dominant current, but it’s still dry,” said King. Everything has not yet been codified, “

If the current rhythm is held, the fall of 2025 can inaugurate a new chapter of the investment in American cryptography – one where traditional and digital finance fully converges Wall Street.