SEC gives the green light for encryption ETFs: A hundred new products are on the way, mainstream funds are getting on board faster!

After a long wait, the cryptocurrency industry has finally welcomed a significant policy shift from the U.S. SEC. On September 17, the SEC voted to allow mainstream trading platforms such as Nasdaq and the Chicago Options Exchange to list cryptocurrency ETFs according to standardized rules—this is not only a procedural update but also significantly shortens the approval period from several months to about 75 days, greatly improving efficiency.

Bloomberg analyst Eric Balchunas cites historical trends to predict that since the SEC simplified the ETF approval process in 2019, the number of market products has doubled. Similarly, encryption ETFs may exceed 100 within a year, ushering in a wave of "issuance frenzy."

The effects of the new regulations have begun to emerge. The Grayscale Digital Large Cap Fund has been rapidly approved, and the CME plans to launch Bitcoin ETF index options shortly thereafter. More importantly, tokens like XRP and Solana, which have previously struggled to comply, are now seeing the possibility of launching ETFs.

The SEC's policy shift this time has strategic intentions behind it. SEC Chairman Paul Atkins clearly stated that the simplification of processes aims to "release innovative vitality" and maintain the competitiveness of the United States in the field of digital assets. This means that the regulatory approach has gradually shifted from conservative defense to actively building a positive framework and embracing financial digitalization.

However, amidst the excitement, we must also calmly consider the hidden concerns: a large number of ETFs being listed inevitably leads to product homogenization competition; ordinary investors, if lacking awareness, may also blindly follow the trend. Nevertheless, it is undeniable that the SEC's recent easing has issued a genuine "mainstream financial get on board" ticket for encryption assets, and more institutional funds are expected to flow in, propelling the industry from chaos to regulation.