The SEC just dropped a major crypto bombshell—Grayscale’s mixed-asset ETF is officially approved, and the implications are huge.
With Bitcoin leading the fund’s holdings and altcoins like Solana and XRP in the mix, this could be the first domino to fall in a wave of crypto ETF approvals.
Nate Geraci called it a “test run” for the SEC, suggesting spot ETFs for XRP, SOL, and ADA may soon follow. With Trump’s administration taking a crypto-friendly approach, the floodgates might finally be opening.