The U.S. Securities and Exchange Commission (SEC) is reviewing over 75 cryptocurrency ETF registration applications with an expectation of approval starting from October 2025, with the possibility of further extension.
According to Nate Geraci, President of NovaDius Wealth Management, cryptocurrency ETF approval may occur within the next two months, opening up a significant opportunity for rapid cryptocurrency market development.
- SEC is currently reviewing over 75 cryptocurrency ETF registration applications, with potential approval starting from October 2025.
- Three exchanges - NYSE, NASDAQ, and CBOE - have proposed a common listing standard, helping to shorten the cryptocurrency ETF approval process.
- Capital flow into cryptocurrency ETFs reached approximately 26 billion USD in the past year, reflecting strong investor confidence.
When does NovaDius forecast cryptocurrency ETFs will be approved?
Nate Geraci expects cryptocurrency ETFs to be approved within the next two months, facilitating the rapid launch of cryptocurrency ETF product lines to the market.
He explained that the three main exchanges - NYSE, NASDAQ, and CBOE - have submitted applications for a common listing standard for cryptocurrency ETFs, helping to eliminate the requirement of approving each ETF separately if they meet the conditions. This will expedite the process for Token-based ETFs like XRP, Solana, Cardano, and many others.
The President of NovaDius Wealth Management emphasized: "There are many applications submitted. The cryptocurrency ETF standard framework is expected to be implemented within the next two months, opening the door for a wave of approvals and launches of multiple cryptocurrency ETFs."
Why is there a strong growth momentum for the cryptocurrency ETF market?
Geraci noted that investment capital into cryptocurrency ETFs in the past year reached 26 billion USD, indicating high investor interest and confidence in this field.
This development is driven by a clear legal environment established by the SEC to protect investors and exchanges. The SEC provides transparent guidelines that help reduce volatility and risks in the cryptocurrency market.
"The main story now is the strong support of the legal framework driving the cryptocurrency space," Nate Geraci shared.
Nate Geraci, President of NovaDius Wealth Management, 2024
He also praised the rapid development of the cryptocurrency industry in the United States, especially the positive contributions from new laws such as the GENIUS Act, CLARITY Act, and SEC's 'Project Crypto'. This demonstrates important steps in perfecting the legal framework for cryptocurrencies.
How will the common listing standards of exchanges impact the cryptocurrency ETF market?
The three exchanges NYSE, NASDAQ, and CBOE propose a common standard to simplify the approval procedure for cryptocurrency ETFs, especially spot ETF products.
This reduces time and legal barriers, creating favorable conditions for many new ETF launches, helping to diversify investor choices and increase market liquidity.
This framework contributes to promoting active competition among ETF providers while enhancing transparency and safety for investors.
How do new laws and SEC projects affect the future of cryptocurrency ETFs?
Laws such as the GENIUS Act, CLARITY Act, and SEC's 'Project Crypto' have created a solid legal foundation, promoting sustainable development for the cryptocurrency market in general and cryptocurrency ETFs in particular.
The coordination between legal policies helps protect investors, simultaneously reducing risks and improving confidence in the U.S. cryptocurrency ecosystem, contributing to the long-term growth trend of the industry.
"There have been many consecutive positive movements on the cryptocurrency legal front recently," Nate Geraci observed.
Nate Geraci, President of NovaDius Wealth Management, 2024
Frequently Asked Questions
When will the SEC start approving cryptocurrency ETFs?
The SEC is expected to start approving cryptocurrency ETFs from October 2025, though this may be extended depending on the processing timeline.
What is the significance of the common listing standards of exchanges?
This standard helps quickly approve cryptocurrency ETFs that meet conditions without reviewing each product individually, reducing legal time and costs.
What was the capital flow into cryptocurrency ETFs in 2023?
The capital flow into cryptocurrency ETFs reached approximately 26 billion USD, reflecting the strong attraction of this investment type.
What legal actions has the SEC taken to support the cryptocurrency market?
The SEC issued legal guidelines, implemented 'Project Crypto', along with acts like the GENIUS Act and CLARITY Act to enhance investor protection and market transparency.
How does cryptocurrency ETF approval affect the market?
ETF approval promotes cryptocurrency market development by attracting investment capital, increasing liquidity, and enhancing investor confidence.
