With 16 crypto ETF applications on the SEC’s October calendar, a new regulatory framework could fast-track approvals for Solana, XRP and beyond, signaling a pivotal shift for US markets.
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October 2025 is shaping up to be a big month for crypto markets, as the US Securities and Exchange Commission (SEC) on 16 exchange-traded fund (ETF) applications. Unlike past waves, many of these proposals go beyond Bitcoin and Ether, targeting altcoins like .
This week on “Byte-Sized Insight,” we explore what makes this round of filings different, how the SEC’s stance may be shifting and what the potential approvals could mean for both investors and the broader crypto market.
A new SEC era
On Sept. 17, a set of “generic listing standards” for exchange-traded products tied to spot commodities, including digital assets. Analysts say the move may dramatically simplify the ETF approval process, reducing the need for case-by-case rule changes that had long slowed crypto’s path to mainstream financial products.
The change comes against a different political backdrop than in previous years. Grayscale’s head of research, Zach Pandl, told Cointelegraph in the episode that the Trump administration’s arrival created momentum for regulatory clarity.
“President Trump and the Trump administration came into office with a mandate from voters to bring regulatory clarity to the crypto industry in the US,” Pandl said. “It’s really been a whole-of-government effort. Whether it’s the White House or Congress or the SEC, it’s just responding to that message from voters.”
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He added that bipartisan support has given both businesses and investors confidence that crypto “is very much here to stay, for the long run in the US.”
Demand beyond Bitcoin
The key question is how much demand actually exists for altcoin ETFs. Bloomberg Intelligence ETF analyst James Seyffart also noted in the episode that Solana and XRP stand out because of their existing futures markets, but he cautioned against expecting Bitcoin-level inflows.
“They will do decently well as far as flows and AUM go,” Seyffart said, “but the long-term growth story may lie in basket or index products.”
Pandl echoed that sentiment, pointing to Grayscale’s latest diversified index fund. “We’re encouraged not only to be bringing these single-asset ETPs to market, but also the first diversified index-based crypto ETP, a kind of one-stop shop solution for crypto exposure in a portfolio,” he said.
What comes next?
Seyffart said approval could open the floodgates for rapid product expansion, adding:
“You’re going to see things like staking Solana ETFs, covered call ETFs, leveraged and inverse products. … It’s going to get crazy.”
Whether October brings immediate market inflows or simply sets the stage for growth, analysts agree the regulatory environment has shifted. For the first time, altcoin ETFs appear closer than ever to mainstream US markets.
Listen to the full episode of “Byte-Sized Insight” for the complete interview on Cointelegraph’s Podcasts , or . And don’t forget to check out Cointelegraph’s full lineup of other shows!
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