Grayscale Sees 11 Altcoins Poised for Breakout Under New SEC Rules

Grayscale Investments has predicted significant growth in the digital asset market, pointing to recent U.S. regulatory clarity that could spur a new wave of altcoin exchange-traded products (ETPs) and broaden access to regulated crypto investments.

Key points:

• Grayscale Investments projects a surge in altcoin ETPs following the SEC’s approval of new generic listing standards, allowing broader crypto access for U.S. investors.
  
• The firm expects 11 additional crypto assets, including Shiba Inu, Dogecoin, and Cardano, to qualify for spot ETPs under the updated SEC framework.
  
• Analysts say the SEC’s shift toward standardized listings could accelerate institutional adoption and strengthen the connection between traditional finance and crypto markets.

Grayscale’s research team anticipates a sharp rise in the number of altcoins available through spot ETPs in the coming weeks, following recent regulatory adjustments by the U.S. Securities and Exchange Commission (SEC). In September, the SEC approved new generic listing standards for crypto asset ETPs, allowing tokens to be listed based on broad eligibility criteria rather than case-by-case reviews.

If an asset meets the new standards, exchanges will be permitted to list and trade ETPs tied to that token, provided a valid registration statement for the product is in effect.

Additionally, Grayscale anticipates that 11 additional crypto assets, excluding Solana, will meet the SEC’s new generic listing standards for ETPs. The firm added that the number of eligible digital assets is expected to grow further as the market continues to mature.

“The altcoins qualifying for ETPs under the new generic listing standards (including Solana) represent four of the six Crypto Sectors, and account for roughly 11% of total Crypto Sectors market capitalization,” the research team wrote. “Combined with Bitcoin and Ethereum, the assets available to U.S. investors through spot ETP products will account for about 90% of the Crypto Sectors market cap,” Grayscale added. 

The 11 crypto assets include Cardano (ADA), Bitcoin Cash (BCH), Polkadot (DOT), Avalanche (AVAX), Litecoin (LTC), Dogecoin (DOGE),Chainlink (LINK), Hedera (HBAR), and Shiba Inu (SHIB). 

The regulatory changes creating broader access to altcoin ETPs could have meaningful implications for Shiba Inu (SHIB). As one of the 11 digital assets expected to qualify under the SEC’s new generic listing standards, SHIB may gain greater exposure to both institutional and retail investors through regulated investment products.

This development could provide more transparency and potentially increase liquidity for the token, while also offering a framework for U.S. investors to engage with SHIB within established compliance guidelines. Analysts suggest that inclusion in ETPs does not guarantee price movement, but it may contribute to wider adoption and integration of SHIB in mainstream crypto markets.

The evolution of such regulated offerings illustrates how altcoins, including SHIB, are navigating the intersection of innovation, market participation, and regulatory oversight in the growing U.S. digital asset landscape.

Read More

• Crypto ETPs Get Green Light as SEC Unveils Streamlined Approval Rules
• SEC Approves Crypto ETP Shake-Up – Bitcoin, Ether In, Cash Out
• Bitwise Nearly $223M Solana ETF Soars After New SEC Staking Clarity

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.