The approval of new spot cryptocurrency ETFs could prompt the U.S. Securities and Exchange Commission (SEC) to enter a regulatory era, according to Bitwise CEO Matt Hougan. With an increasing number of ETF applications for cryptocurrencies like Dogecoin, XRP, Solana, and Litecoin, experts believe the SEC's next move could shape the future of crypto investment products. While ETFs for meme coins may struggle to gain approval, Hougan believes that ETFs for established digital assets like XRP and Solana could have a better chance if the SEC changes its stance. Currently, the SEC has only approved commodity-based ETFs with regulated futures markets. However, if the SEC goes beyond this precedent, it could lead to the approval of new ETFs, potentially expanding the market for digital asset investment products. This could make assets like XRP, Solana, and Dogecoin more accessible to traditional investors through ETFs.



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