SEC Explores Fast-Track Process for Token-Based ETFs

The U.S. Securities and Exchange Commission is developing a standardized framework to expedite listings for token-based exchange-traded funds. The proposed system WOULD allow eligible ETFs to bypass the traditional 19b-4 rule-change process, instead requiring only a streamlined S-1 registration and a 75-day review period.

Key metrics like market capitalization, trading volume, and liquidity may determine eligibility, though specific criteria remain undefined. This shift could dramatically reduce regulatory hurdles for crypto investment products, potentially accelerating institutional adoption.

The SEC's silence on the matter leaves market participants speculating about implementation timelines. A standardized approval process could mark a watershed moment for cryptocurrency integration into mainstream finance.