SEC Gives Thumbs-Up to Grayscale’s Crypto ETF

News
Reading Time: < 1 minute

In a move that could shake up the crypto market, the SEC has fast-tracked approval for Grayscale’s mixed-asset ETF.

The fund, which includes Bitcoin, Ethereum, and altcoins like Solana and Cardano, may signal a broader shift toward crypto acceptance.

With the regulatory environment warming up under the new administration, analysts speculate that spot ETFs for XRP, SOL, and other tokens could be next.

“This is a test run for more crypto ETFs,” said Nate Geraci of The ETF Store. “The SEC is dipping its toes in before diving deeper.”