Back

Wall Street Giants Poised to Offer Spot Bitcoin and Ethereum Trading

author avatar

Written by
Lockridge Okoth

03 September 2025 07:03 UTC
Trusted
  • SEC and CFTC issued a rare joint statement clearing NYSE, Nasdaq, CBOE, and CME to offer spot Bitcoin and Ethereum trading.
  • Regulators emphasized competition, venue choice, and innovation, reversing prior mixed signals and marking a shift in US crypto policy.
  • Analysts see the move as a turning point for Wall Street integration, boosting liquidity and institutional adoption of digital assets.
Promo

The long-awaited integration of crypto into mainstream US financial markets is moving closer after a rare joint statement from the US SEC and CFTC.

The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) alluded to major exchanges being able to roll out spot Bitcoin (BTC) and Ethereum (ETH) trading.

Regulatory Unity Clears Path for Wall Street to Enter the Spot Crypto Market

Sponsored

Major exchanges in question include the New York Stock Exchange (NYSE), Nasdaq, CBOE, and the CME (Chicago Mercantile Exchange).

Matthew Sigel, head of digital assets research at VanEck, highlighted this shift. He pointed out that this regulatory clarity opens the door for Wall Street to enter the crypto spot market directly.

“The NYSE, Nasdaq, CBOE, CME, etc., will soon have spot trading for BTC, ETH, and more,” Sigel posted.

The development stems from a joint SEC-CFTC staff statement. They clarified that registered exchanges are not prohibited from facilitating spot trading of certain digital asset products.

The move is part of the SEC’s Project Crypto and the CFTC’s Crypto Sprint initiatives. They aim to provide regulatory consistency while promoting venue choice and innovation in US markets.

“Today’s joint staff statement represents a significant step forward in bringing innovation in the crypto asset markets back to America,” read an excerpt in the announcement, which cited SEC Chair Paul Atkins.

Sponsored

Paul Atkins also emphasized that market participants should have the freedom to choose where they trade spot crypto assets. He also articulated the SEC’s commitment to fostering competition in the fast-paced markets.

Meanwhile, CFTC Acting Chair Caroline Pham echoed this message, contrasting the new approach with the previous administration’s stance.

“Under the prior administration, our agencies sent mixed signals about regulation and compliance in digital asset markets, but the message was clear: innovation was not welcome. That chapter is over,” she articulated.

Opening the Door to Wall Street

Analysts say the coordinated action between the two top US market regulators could mark a turning point in how crypto trades are integrated into traditional finance (TradFi).

Sponsored

By clearing regulatory uncertainties, the SEC and CFTC have effectively created a path for the biggest names in equities and futures trading to host spot crypto markets directly.

Crypto America podcast host, Eleanor Terrett, framed the move as a landmark step in regulatory cooperation.

Independent analysts agree. Trader Bullish Beast calls it a significant move for market clarity, poised to expand opportunities for crypto trading.

If the expected listings go live, Bitcoin and Ethereum would trade alongside blue-chip stocks and traditional futures contracts on the world’s most trusted venues.

Sponsored

This could dramatically reduce friction for institutional investors in accessing digital assets. It would also improve liquidity and lower the barriers to mainstream adoption.

The timing is also critical, amid intensified global competition for digital asset leadership. As BeInCrypto reported, Asia and Europe are already advancing frameworks for crypto trading.

Sponsored

By aligning, the SEC and CFTC signal Washington’s intent to position the US as the premier hub for regulated crypto markets.

This initiative builds on the recommendations of the President’s Working Group on Digital Asset Markets report. They called for strengthening American leadership in digital financial technology.

For Wall Street, the green light to offer spot Bitcoin and Ethereum may begin a deeper convergence between crypto and traditional capital markets.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.