Bitwise CIO believes SEC will raise the listing standards and set off a wave of “ETPalooza” for cryptocurrencies
Source: CoinWorld
Time: 2025-09-16 18:04:08
Matt Hougan, chief information officer at Bitwise, said the SEC universal listing standard for cryptocurrency ETP proposed by the SEC may change the market as it can speed up approval (within 75 days) and significantly expand the product range. This shift will allow issuers to issue ETPs for assets such as Solana, XRP and Chainlink without having to file a separate record with the SEC, which could trigger a surge in traditional ETF issuance following the introduction of similar rules in 2019. While the increase in ETP access may not guarantee immediate inflow of funds, it lowers the threshold for traditional investors and lays the foundation for wider use of cryptocurrencies.