SEC Paves Way for Crypto ETFs: New Disclosure Rules Signal Major Listing Breakthrough
The SEC just dropped the rulebook crypto's been waiting for—ETF issuers now have a clearer path to listing, provided they cough up the right disclosures. No more guesswork, no more gray areas. Wall Street's about to get a crash course in blockchain transparency.
Here's the kicker: the agency isn't bending the rules—it's rewriting them. Forget 'guidance'—this is a playbook. And for once, the crypto crowd and institutional investors might both leave the table satisfied.
Of course, the usual suspects will still find something to complain about—probably while charging 2% management fees for 'exposure' to an asset class that was designed to cut them out entirely.
SEC may be shaping official crypto ETF rulebook: report
According to a recent X post by journalist Eleanor Terrett, the SEC is in the early stages of creating a formal listing standard for crypto ETFs.
While details remain vague, the goal, per the report, is to create a faster, more predictable path for launching new ETFs, potentially simplifying the application process for tokens that meet key requirements.
If pursued, the framework could allow qualifying ETFs to skip the current 19b-4 rule change process. Instead, issuers WOULD file a standard S-1 and wait 75 days before listing, significantly reducing the usual back-and-forth.
Factors likely to come into play include market cap, trading volume, and liquidity, However, with the framework still in early discussions, it remains to be seen what the final criteria will be.