In its 2025 review priorities, the Securities Exchange Commission (SEC) has listed "registrants who provide services related to cryptoassets" as a focus for review. This includes advisors who recommend spot Bitcoin ETFs and Ethereum ETFs. Inspections of registrants will focus on offer sales, referrals, recommendations, transactions, and other activities involving cryptoassets that are offered and sold as securities or related products, such as Bitcoin or Ethereum exchange-traded products.