The US Securities and Exchange Commission (SEC) is now considering more than 75 crypto ETF applications. The final decisions regarding the approval is expected to start from October 2025, but the dates can be further extended.
Recently the president of Novadius Wealth Management, Nate Geraci, expressed his opinion about the crypto ETF applications and said that approvals could come in the next two months.
Novadius President expects Soon Crypto ETFS approval
In a recent interview with CNBC -televisionGeraci said that the three major stock exchanges, NYSE, NASDAQ and CBOE, have been submitted to the SEC for a generic listing standard for crypto ETFs.
Now the stock markets do not have to request approval for each location 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 boat load of archiving. And it is expected that this standardized crypto -framework will be implemented … in the next two months or so.”
“So, if and when that happens, I think you will see locks open. We’re going to see a wave of approval. And you’re going to see a boat load crypto ETFs coming on the market,” he added.
Strong regulatory tail winds behind fast -growing crypto
Geraci says it has been a “sample year in crypto ETF intake”, since around $ 26 billion went into crypto ETFs, which shows strong investor confidence and interest. This is only possible because of the fixed attitude of the SEC on the clarity of the regulations of crypto for investors and for the stock exchanges. He said that the agency gave comfort with his guidance in the midst of the volatility in the crypto room.
He stated: “I think the main story here is a very strong regulatory headwind behind space.”
Moreover, he praises the rapidly evolving crypto space in the US and gives the committee enormous credit for its active work in the crypto space. He welcomes the recent crypto legislation that has been adopted in the house, such as the Genius Act and Clarity Act, together with the SECs ‘Project Crypto’.
“There has just been a lot of positive movement on the crypto control front,” Geraci added.