The SEC faces October deadlines on several crypto ETF applications, including proposals tied to Solana, XRP, and Litecoin. Decisions are expected throughout the month, covering both new spot products and conversions of existing trusts. The review process follows the SEC’s September adoption of new listing standards for commodity-based trust shares. The framework is intended to streamline approvals for spot ETFs linked to assets that already have futures markets. Analysts at Bloomberg said the policy shift could accelerate a wave of spot ETF launches, though the outcome will depend on individual filings. They estimate that more than a dozen cryptocurrencies could qualify for review under the new rules. SEC Commissioner Caroline Crenshaw criticized the change, warning it reduces investor safeguards. Industry executives countered that the framework provides clarity and may expand institutional and retail access to crypto markets.
