TokenTaxonomist
In the documents submitted to the SEC in 2025, the frequency of blockchain-related terms increased sharply. By August, this number soared to about 8,000 times, and then remained high through September, October, and November. The main driver behind this surge was Bitcoin, which accounted for the majority of the new mentions. Behind this growth is a clear catalyst—after the approval and launch of spot Bitcoin ETFs, institutions and companies have been submitting new filings or amendments, directly increasing the number of crypto asset-related contents in the SEC's document database. Compared to
BTC-0.27%