The SEC has just approved the conversion of Grayscale’s Digital Large Cap Fund into an ETF. The official announcement came yesterday, July 1st, and marks a turning point in the cryptosphere, making this the first-of-its-kind ETF with exposure to Bitcoin, Ethereum, and many other altcoins, including XRP.
This could rally some of the best altcoins today and even push underrated gems to light, especially in the context of the SEC looking to simplify the ETF approval process.
The SEC Seeks to Automate the ETF Approval Process
According to crypto journalist Eleanor Terrett, the SEC is exploring a simpler listing structure to reduce the back-and-forth between the regulator and fund managers.
This would significantly reduce the approval process, as Terrett observes:
🚨SCOOP: The @SECGov is in the early stages of creating a generic listing standard for token-based ETFs in coordination with exchanges.
The thinking, I’m told, is that if a token meets the criteria, issuers could skip the 19b-4 process, file an S-1, wait 75 days, and the…
— Eleanor Terrett (@EleanorTerrett) July 1, 2025
If a token meets the criteria, issuers could skip the 19b-4 process, file an S-1, wait 75 days, and the exchange could list it. This approach could save both issuers and the SEC a lot of paperwork and back-and-forth on comments.
🚨SCOOP: The @SECGov is in the early stages of creating a generic listing standard for token-based ETFs in coordination with exchanges.
The thinking, I’m told, is that if a token meets the criteria, issuers could skip the 19b-4 process, file an S-1, wait 75 days, and the…
— Eleanor Terrett (@EleanorTerrett) July 1, 2025
The move would significantly benefit the crypto market, given that US-listed ETFs might attract new capital into the altcoin pool, effectively triggering a long-awaited altseason.
The SEC already took a first step in this direction by approving REX-Osprey Solana and Staking ETF, which REX Shares announced on June 30th.
Naturally, Solana felt the aftermath and rose 6% in the charts following the news, reaching $158, before falling to $149. Right now, it’s still going up by 2.23%, showcasing the positive impact that SEC rulings can have on the crypto market.
And it’s not just Solana that will feel the push. Upcoming and lesser-known crypto projects can also surge in light of the good news.
Here are three that you should keep your eyes on.
1. Snorter Token ($SNORT) Snipes Hot Crypto Coins in its Telegram Channel
Snorter Token ($SNORT) relies on the Snorter Bot to scan the market and snipe hot tokens, making it perfect for opportunistic traders who can’t hunt them manually.
The project is the solution to manual coin hunting, which is slow, ineffective, and subjects you to the risks of honeypots and rug pulls.
With Snorter Bot, you no longer need to juggle wallets and browser extensions, or miss opportunities because you weren’t paying attention or weren’t fast enough.
The bot simplifies the coin hunting process by running its coin hunt from the Telegram channel, centralizing everything. It also offers scam protection, custom automated sniping, and limit orders and dynamic stop-losses.
The presale started in May and has already accumulated over $1.4M, with a token price of $0.0969.
The Aardvark sniper is a meme coin with on-chain utility that promises to fill a niche in the cryptosphere.
If you want to join the presale, go to the presale page and buy your $SNORT to support the project and join the FOMO gang.
2. Bitcoin Hyper ($HYPER) Upgrades Bitcoin for Faster Transactions and Lower Costs
Bitcoin Hyper ($HYPER) is one of the best meme coins today that’s pushing Bitcoin into a direction everybody wants to see it go. This is Bitcoin’s official Layer 2 upgrade aiming to speed up transaction time and lower on-chain costs.
It’s a multi-purpose project, aiming to unlock Bitcoin’s true potential by enabling staking, decentralized finance (DeFi), and dApps, which Bitcoin is in dire need of.
Bitcoin Hyper seeks to upgrade Bitcoin’s architecture caps, which currently sits at 7 transactions per second (TPS), such that it allows for near-infinite scalability. This would translate into near-instant finality and lower transaction costs.
$HYPER entered its presale phase in May 2025 and has already accumulated $1.8M with a coin price of $0.0121.
The project currently offers the highest staking rewards for a presale, with a dynamic APY of 429%, based on a 122M-strong staking pool.
If you want to support the project and get the opportunity to maximize your ROI, check out the presale page and buy your $HYPER today.
3. AI Companions ($AIC) Aims to Digitalize Human Interactions with the Help of AI Companions
AI Companions ($AIC) aims to capitalize on the ever-expanding AI assistant niche, pushing things into a different direction: AI companions.
The project solves several pain points in the modern AI landscape, including blockchain integration, Virtual Reality (VR), Augmented Reality (AR), and AI-Driven Personalization.
AI Companions seeks to innovate in a global AI market that’s set to reach $1T by 2028, which highlights the project’s scope and magnitude.
$AIC is currently booming in the charts, with a growth rate of 108% over the past 7 days and 856% since its inception in September 2024.
The AI market is the most positive we’ve seen, with a 99% bullish sentiment in the community and a lot of room to grow. The project’s whitepaper details everything you need to know about AI Companions, including the roadmap, the target audience, and the developmental process.
If you want to buy $AIC, head over to your preferred exchange and get it while it’s hot. $AIC currently sits at $0.1688 and growing.
SEC’s Upcoming Listing Changes Will Rally the Market
We believe that, once the SEC streamlines the filling process, essentially automating ETF approvals, the crypto market will enter a sustained rally. This should also ramp up crypto adoption rates, which are already higher than ever.
When that happens, projects like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER) will also reap the benefits.
Don’t take this as financial advice. Do your own research (DYOR) and only invest what you afford to lose.