Analyst: SEC May Approve Multiple Altcoin ETFs in Q2 2025

BlockBeats News, March 21, BeInCrypto analyst prediction: Due to the SEC's announcement today that PoW mining is not considered a securities offering and is not bound by securities regulations, the SEC may approve the ETFs of multiple altcoins in Q2 2025. This regulatory clarity may change the likelihood of approval for some PoW-based crypto asset ETFs. For example, Litecoin, which falls into this category, is very likely to receive approval.

The analyst further stated that earlier in February, the SEC announced that Meme coins are not securities, which may be due to regulatory obstacles facing Dogecoin ETFs. The SEC may declare that all these assets are not securities, laying the groundwork for future ETF applications.