The United States Securities and Exchange Commission (SEC) has reportedly explored a simplified listing structure for funds exchanged by Crypto Exchange (ETF) that will automate a significant portion of the approval process.
Under the suggested overhaul, ETF providers may potentially sort 19B-4 application filings, entities will be submitted to the SEC before listing a financial product in exchanges, According to to Crypto journalist Eleanor Terrett.
Instead, those who give Submit the SEC Form S-1The initial registration of the listing on the list, and wait 75 days. If the SEC does not object to the application, the giver is free to list ETF, reducing the recurrent communication between fund managers and the regulator.
Terrett said the details of the proposal, including qualitative standards for cryptocurrencies qualified for the accelerated process, have not been confirmed by the providers and the regulation of the body.
Crypto ETF approvals are a topic of hot button, as those listed in the US can attract fresh capital to Altcoin markets, potentially triggered a prolonged rally of altcoin, or altseason.
Related: Crypto ‘Altcoin ETF Summer’ can come in July with the SEC approved: Analysts
SEC approved the first crypto staking ETF as major decisions in loom
The SEC has recently been -only Greenlit is the country’s first staked crypto ETF. The regulator The launch was allowed of Rex shares Solana ETF (Stak), which includes staking rewards as part of its approach.
The move comes as the SEC faces a backlog of pending decisions in some Crypto -related ETFs, many with final deadlines Set for the second half of 2025. Line measures for approval include ETFs holding Litecoin (LTC), Dogecoin (Doge), Solana (Sol) and XRP (XRP), includes requests for staking features in ether (Eth) fund.
Bloomberg ETF analyst James Seyffart has Says Those delays are expected in crypto funds, with final deadlines for many applications set for October.
Magazine: Bitcoin ETFs made Coinbase a ‘Honeypot’ for hackers and government: Trezor CEO
