The post Crypto News: Two-Month Countdown Begins for Possible XRP and Solana ETF Approval appeared first on Coinpedia Fintech News
The US Securities and Exchange Commission (SEC) is now considering more than 75 crypto ETF applications. The final decisions regarding the approval are expected to start from October 2025, but the dates can be extended further.
Recently, the President of NovaDius Wealth Management, Nate Geraci, expressed his views about the crypto ETF applications and said the approvals may come in the next two months.
NovaDius President Expects Crypto ETFs Approval Soon
In a recent interview with CNBC Television, Geraci said that the three major stock exchanges, NYSE, NASDAQ, and CBOE, filed with the SEC for a generic listing standard for crypto ETFs.
Now, the exchanges don’t need to seek approval for each spot crypto ETF as long as it meets certain criteria. According to him, this would streamline the approval process of XRP ETFs, Solana ETFs, Cardano, and others.
Geraci said, “There is a boatload of filings out there. And the expectation is that this standardized crypto framework will be implemented… in the next two months or so.”
“So, if and when that happens, I think you’re going to see floodgates open. We’re going to see a wave of approval. And you’re going to see a boatload of crypto ETFs coming to market,” he added.
Strong Regulatory Tailwind Behind Rapidly Growing Crypto
Geraci says it has been a “monster year in crypto ETF inflows” as about $26 billion has gone into crypto ETFs, showing strong investor confidence and interest. This has only been possible because of the SEC’s firm stance on crypto regulatory clarity for the investors as well as for the exchanges. He said that the agency provided comfort with its guidance amid the volatility in the crypto space.
He stated, “I think the main story here is a very strong regulatory tailwind behind the space right now.”
Moreover, he praises the rapidly evolving crypto space in the US and gives huge credit to the Commission for its active work in the crypto space. He applauds the recent crypto legislation that passed in the House, like the GENIUS Act and CLARITY Act, along with the SEC’s ‘Project Crypto.’
“There has just been a lot of positive movement on the crypto regulatory front,” Geraci added.