SEC Advances Generic Standards for Crypto ETF Listings, Potentially Accelerating Approvals
The U.S. Securities and Exchange Commission is drafting uniform listing standards for cryptocurrency exchange-traded funds, a move that could streamline the approval process and expand market access. Eleanor Terrett, host of Crypto in America, revealed the initiative via social media, noting that compliant tokens may bypass the traditional 19b-4 filing in favor of a simpler S-1 registration.
Proposed changes WOULD allow issuers to list qualifying assets after a 75-day review period, reducing bureaucratic friction. While specific criteria remain undisclosed, industry observers anticipate metrics like market capitalization and liquidity will determine eligibility. Bloomberg ETF analyst Eric Balchunas endorsed the development as a bullish signal for altcoin ETFs awaiting regulatory green lights.