SEC Greenlights New ETF Standards, Opening Door for Altcoin ETFs

The ￰0￱ and Exchange Commission (SEC) has approved new generic listing standards for spot crypto and altcoin exchange-traded funds (ETFs), marking a landmark shift in digital asset regulation. Previously, every crypto ETF required lengthy case-by-case approval under Section 19b-4—a process that could drag on for ￰1￱ this new framework, ETFs meeting specific conditions can now be listed directly on major exchanges like Nasdaq, Cboe, and NYSE without waiting for individual ￰2￱ decision is expected to accelerate the arrival of altcoin ETFs in the U. S., broadening investment access beyond Bitcoin and ￰3￱ say the streamlined system represents the clearest path yet toward regulated, diversified crypto ￰4￱ Leads With First Multi-Crypto ETF Grayscale secured a first-mover advantage as its Digital Large Cap Fund (GDLC) was approved under the new ￰5￱ fund includes Bitcoin, Ethereum, XRP, Solana, and Cardano, making it the first diversified multi-crypto ETF in the U.

S. “Grayscale Digital Large Cap Fund $GDLC was just approved for trading… with Bitcoin, Ethereum, XRP, Solana, and Cardano,” Grayscale CEO Peter Mintzberg ￰6￱ analysts noted this milestone signals a shift toward broader portfolio products rather than single-asset ETFs. Bloomberg’s Eric Balchunas estimated that 12–15 cryptos could soon qualify under the SEC’s framework, provided they have established regulated futures trading for at least six ￰7￱ ETFs Considered Imminent Beyond the majors, other altcoins are lining up for potential ￰8￱ (DOGE), Litecoin (LTC), and Chainlink (LINK) already meet the key requirement of regulated futures trading on Coinbase Derivatives.

Solana, for instance, became eligible on August 19, six months after its futures ￰9￱ Chainlink community has also expressed optimism, with both Bitwise and Grayscale filing LINK ETF applications. Meanwhile, the Litecoin Foundation has welcomed the decision, seeing it as a pathway for LTC listings in ￰10￱ Hedera (HBAR) is gaining attention, with investors speculating on its ETF ￰11￱ watchers describe the SEC’s move as a turning point for crypto, one that reduces regulatory friction and boosts market ￰12￱ ETF analyst James Seyffart put it, “We’re gonna be off to the races in a matter of weeks.” With the SEC’s greenlight, the question is no longer if altcoin ETFs will launch, but which will debut ￰13￱ image from ChatGPT, ETHUSD chart from Tradingview