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SEC's Updated Regulations Propel Growth of Altcoin ETFs, Accelerating Transformation in the Crypto Market

SEC's Updated Regulations Propel Growth of Altcoin ETFs, Accelerating Transformation in the Crypto Market

Bitget-RWA2025/09/25 18:02
By:Coin World

- SEC approves Hashdex ETF to include XRP, Solana, and Stellar under new generic listing standards. - New rules reduce approval timelines from 270 to 75 days, spurring 90+ pending ETF applications. - XRP becomes third-largest holding at 7.11%, signaling broader institutional adoption of altcoins. - Market reacts positively, with REX-Osprey XRP ETF hitting $37.7M debut-day volume. - Challenges remain in stablecoin regulation and tax frameworks despite regulatory modernization.

SEC's Updated Regulations Propel Growth of Altcoin ETFs, Accelerating Transformation in the Crypto Market image 0

The U.S. Securities and Exchange Commission (SEC) has granted approval for the Hashdex Nasdaq Crypto Index ETF (NCIQ) to broaden its asset base beyond

and , now including altcoins such as , (SOL), and (XLM) under newly established generic listing rules SEC Clears Hashdex ETF To Hold XRP, Solana, Stellar, and More [ 1 ]. This represents a significant development in the U.S. crypto landscape, with XRP now making up 7.11% of the fund’s assets as its third-largest holding, followed by Solana at 4.11% and Stellar at 0.33%. The decision, finalized on September 24, 2025, enables the fund to further diversify its digital asset exposure SEC Clears Hashdex ETF To Hold XRP, Solana, Stellar, and More [ 1 ]. The updated trust arrangement, formalized through a Form 8-K submission, replaces the prior agreement to comply with the SEC’s simplified regulations, shortening the approval process from 270 days to 75 days SEC Clears Hashdex ETF To Hold XRP, Solana, Stellar, and More [ 1 ].

The SEC’s generic listing framework, introduced on September 17, 2025, sets uniform standards for crypto ETFs, allowing for faster approvals of funds that meet requirements such as trading on regulated exchanges or having CFTC-supervised futures for at least six months SEC Clears Hashdex ETF To Hold XRP, Solana, Stellar, and More [ 1 ]. This policy has led to a surge in applications, with more than 90 filings pending across 24 tokens and various index funds. Experts predict a wave of approvals in October 2025, especially for Solana and XRP ETFs, as companies like Fidelity and Grayscale approach regulatory deadlines SEC Clears Hashdex ETF To Hold XRP, Solana, Stellar, and More [ 1 ]. The expansion of the Hashdex ETF is expected to encourage greater institutional participation in altcoins, and the inclusion of XRP and Solana could set the stage for future spot ETF approvals Hashdex Crypto Index ETF Comprising BTC, ETH, XRP, SOL Gets … [ 3 ].

The ETF’s current portfolio consists of Bitcoin (72.5%), Ethereum (14.8%), XRP (6.93%), Solana (4.3%), and

(1.22%), reflecting a systematic approach to mirroring the Nasdaq Crypto US Index (NCIUS) Hashdex Crypto Index ETF Comprising BTC, ETH, XRP, SOL Gets … [ 3 ]. Hashdex CEO Marcelo Sampaio highlighted that this expansion responds to the increasing demand for structured crypto investment options in the U.S., providing investors with a diversified digital asset portfolio through a single product Hashdex Expands NCIQ ETF With Spot XRP, Solana and Stellar [ 5 ]. The index’s selection criteria focus on liquidity, market value, and regulatory adherence, which can exclude tokens like Cardano even if they otherwise qualify Hashdex Expands NCIQ ETF With Spot XRP, Solana and Stellar [ 5 ].

Market response has been strong, with the REX-Osprey XRP ETF (XRPR) achieving a record $37.7 million in trading volume on its first day SEC Clears Hashdex ETF To Hold XRP, Solana, Stellar, and More [ 1 ]. Industry leaders such as Bitwise and VanEck have observed that increased competition could lower fees and improve investor access SEC Clears Hashdex ETF To Hold XRP, Solana, Stellar, and More [ 1 ]. Nevertheless, some filings still fall short of the new requirements, and regulatory guidance on stablecoins and tax policies is still developing U.S. Senate Schedules Crypto Tax Hearing, Industry Leaders [ 7 ].

The approval of the Hashdex ETF highlights a broader movement toward regulatory modernization in the crypto industry, with the SEC’s streamlined procedures encouraging innovation. As more than 30 new spot ETFs are expected to launch soon, the industry’s attention is turning to compliance and the opportunities presented by increasing institutional investment.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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