Analyst: SEC may approve multiple counterfeit products ETF in Q2 2025

Analysts at BeInCrypto predict that since the SEC announced today that PoW mining is not a securities offering and is not subject to securities regulations, the SEC may approve multiple counterfeit products ETFs in Q2 2025. Because this regulatory clarity may change the chances of some PoW crypto ETFs being approved. For example, Litecoin, which belongs to this category, is already very likely to be approved.
Analysts added that the SEC also declared in February that Meme is not a security, which may be due to regulatory hurdles facing the Dogecoin ETF. The SEC may declare that all of these assets are not securities, laying the groundwork for future ETF applications.