SEC May Simplify Crypto ETF Approval Process
The SEC is considering a new approach to crypto ETF approvals.This change could cut through months of red tape. Instead of dual filings, issuers may soon need just an S-1 registration and some patience.This could lead to a surge in new listings.
FOX Business reporter Eleanor Terrett revealed early talks between SEC officials and major exchanges. They’re working on standardized listing rules for crypto ETFs. This shift could revolutionize how these funds launch.
Currently, issuers face a complex 19b-4 approval process. The new system might require only an S-1 filing and a 75-day wait. This could open the floodgates for more crypto ETFs.The SEC is in discussions with exchanges to create a streamlined process. The goal is to reduce delays and make it easier for crypto ETFs to launch.The new system aims to simplify the process. Issuers might skip the 19b-4 rule change, focusing on an S-1 registration. This could be a game-changer.it aims to address the current bottlenecks. The SEC’s move comes under pressure from asset managers and lawmakers. Courts have also pushed for clearer guidelines.
Industry experts are watching closely.
