SEC Shifts Crypto Strategy Under GOP Leadership, Paving Way for ETFs
The Republican-led SEC has issued its first formal guidance for cryptocurrency ETFs—potentially unlocking approvals for funds linked to Solana, XRP, and even a Trump meme coin.
The 12-page document, released last Tuesday, is just the opening move in a broader regulatory reset. The agency has also paused key enforcement cases, reorganized its crypto enforcement team, and assembled a task force to draft new rules.
Industry insiders say additional streamlining measures are coming, which could dramatically speed up ETF launches.
“The SEC is finally building a framework to handle this flood of crypto fund applications,” said CF Benchmarks’ Sui Chung.
For now, market players are taking the guidance as a positive sign. As Bitwise’s Matt Hougan put it: “The mere existence of these rules is what matters most.”
