The SEC declared today that proof-of-work cryptoassets are not bound by securities regulations. Based on this clarity and the commissions latest actions, BeInCrypto analysts predict that the SEC will approve multiple altcoin ETFs together by the end of Q2 2025
Meanwhile, Caroline Crenshaw, an anti-crypto SEC Commissioner, made another statement of public dissent today. She claimed that this ruling is full of loopholes, but it’s doubtful that these objections can stop a dedicated pro-crypto agenda.
SEC is Laying the Groundwork to Approve more ETFs
In a press release today, the Commission decided that proof-of-work cryptoassets are not considered securities under US law
source: https://beincrypto.com/sec-might-approve-multiple-altcoin-etfs-in-q2/