Mentions of cryptocurrencies in SEC filings reach historic high
Date: 2025-05-07 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
In April 2025, a record number of mentions of the term “cryptocurrency” were recorded in documents filed with the SEC — 786 times. Compared to March, the increase was 38%, and compared to April last year — 8%, The Block reports. For comparison, the average number of mentions from January 2024 to March 2025 was only 457 per month.
According to analysts, this jump indicates a significant increase in interest from regulators in digital assets. The publication emphasizes that the authorities' attention is focused on developing and refining the regulatory framework for the crypto market.
In addition to general mentions of cryptocurrencies, the number of references to stablecoins has increased sharply. If they were mentioned on average 48 times per month from January 2024 to January 2025, then from February to April 2025 this number more than doubled to 103. In particular, 81 mentions were recorded in February, 124 in March, and 104 in April. This reflects regulators' concerns about ensuring reserves of such tokens and protecting investors. As The Block notes, formalizing regulation can contribute to increased trust and the spread of digital assets.
ETF products under the SEC's crosshairs
Regulators continue to scrutinize applications for the launch of cryptocurrency-related exchange-traded funds. Thus, on May 5, the SEC again postponed a decision on Canary's application to create an ETF based on Litecoin. The Commission also requested comments from the public, paying special attention to aspects of preventing manipulation and fraud.
According to Bloomberg analyst James Seyffarth, this product has every chance of being approved, but the decision may be postponed indefinitely.
On May 2, VanEck filed a proposal with the SEC to launch a new BNB-based ETF that includes a staking option. In total, more than 70 applications for the launch of funds based on various altcoins are currently under consideration.
Earlier, in January, the CBOE, on behalf of ARK Invest and 21Shares, proposed changing the structure of existing Bitcoin and Ethereum ETFs to allow for the repurchase of assets in kind. And in February, NYSE Arca proposed to include Ethereum staking in the Grayscale ETF. A similar initiative came from the Chicago Board Options Exchange on behalf of 21Shares.
That same month, Joe Lubin, the founder of ConsenSys, expressed confidence that ETH-ETF issuers expect staking to be approved by the SEC soon.
