The agency unexpectedly released new disclosure guidelines for exchange-traded products linked to digital assets, signaling that long-pending applications may receive approval. These applications include those linked to the following assets: Solana [SOL], XRP, and even a Trump-themed memecoin.

This 12-page directive not only demonstrates the shift in tone from the Republican leadership but also indicates that the agency's stance on the crypto industry is changing.

As a new working group begins to focus on cryptocurrency regulation, and several major enforcement actions have been paused or canceled, asset managers hope this shift will simplify the ETF approval process and lead to a new wave of product launches.