SEC Reviews New “85% Rule” That Could Reshape Bitcoin and XRP ETF Listings
The U.S. Securities and Exchange Commission (SEC) is reviewing a new proposal that could significantly change how crypto ETFs. Especially Bitcoin and XRP productsare approved and listed.
The rule, introduced by NYSE Arca, would require at least 85% of an ETF’s assets to meet strict eligibility standards. Marking a push toward tighter oversight and higher-quality holdings. Under the proposal, eligible assets would include approved commodities, securities, cash, and major cryptocurrencies with established futures markets, while only 15% of a fund could be allocated to non-qualifying assets. Derivatives would also be counted using their full notional value, which could make it harder for more complex or leveraged crypto ETFs to qualify.
If implemented, the rule could force ETF issuers to restructure portfolios and raise the bar for new listings. Potentially impacting future Bitcoin and XRP ETF approvals. While the SEC has opened the proposal for public comment. The final decision could play a key role in shaping the next phase of institutional crypto investment.
Clever Robot News Desk 28th April 2025
