19.09.2025 00:00

Following the SEC's endorsement of universal listing standards for commodity-based exchange-traded funds (ETFs), a significant shift may be on the horizon for the altcoin market. This regulatory green light is particularly crucial for altcoins vying for SEC approval of spot ETFs.

According to internet sources, the pathway to approval mandates that altcoins must have been actively traded on an authorized futures market for a minimum of six months. Highlighting the potential impact, Bloomberg senior ETF analyst Eric Balchunas pointed out that any altcoin meeting this criterion on Coinbase's derivatives exchange would qualify for a spot ETF.

Balchunas specifically identified a group of twelve altcoins currently traded on Coinbase futures, including Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Polkadot (DOT), Shiba Inu (SHIB), Avalanche (AVAX), Chainlink (LINK), Stellar (XLM), Solana (SOL), Hedera (HBAR), Cardano (ADA), and XRP, as potential candidates. The SEC's recent action could act as a catalyst, potentially unleashing a surge of approvals in the cryptocurrency ETP landscape.

The implementation of similar standards in the past led to a doubling of SEC-approved ETFs. Consequently, Balchunas forecasts that the market could see the introduction of over 100 new crypto ETFs within the upcoming year.