- SEC plans universal standard for cryptocurrency ETFs listings.
- Allows S-1 registration, bypasses lengthy 19b-4 process.
- Involves collaboration with trading platforms and exchanges.
Eleanor Terrett reports that the U.S. Securities and Exchange Commission is working with trading platforms to create a universal listing standard for cryptocurrency ETFs. This initiative aims to streamline the approval process for these financial products.
The proposed listing standard would simplify the regulatory process by enabling token issuers to submit an S-1 registration statement directly, bypassing the lengthy 19b-4 process. This could potentially increase liquidity and attract more institutional investment.
SEC’s New ETF Standard Promises Faster Listings
The U.S. Securities and Exchange Commission (SEC) is in the early stages of developing a universal listing standard for cryptocurrency ETFs. Eleanor Terrett, a respected crypto journalist, broke the news about the SEC’s collaboration with various trading platforms to streamline ETF listings.
A key change involves replacing the current 19b-4 application with an S-1 registration statement, allowing listings after a 75-day review. This plan aims to expedite the listing process, benefiting the market by increasing liquidity and potentially attracting more institutional interest.
The crypto community has responded positively, hoping for increased accessibility and trust in the market. Even though the SEC has not issued an official statement, and leadership comments remain absent, market enthusiasm is evident as regulatory clarity seems closer.
Experts See SEC’s Initiative Boosting Trust and Liquidity
Did you know? The SEC’s decision to approve spot Bitcoin ETFs in January 2025 marked a turning point in crypto regulation, paving the way for broader acceptance of such products.
CoinMarketCap data indicates that Solana (SOL) currently holds a market dominance of 2.41%, with a market cap of approximately 78.30 billion USD and a trading volume of 3.77 billion USD, showing a 21.45% decrease from the previous day. Solana’s price has seen a modest seven-day increase of 1.84%.
According to the Coincu research team, the SEC’s initiative could trigger wider acceptance and adoption of crypto ETFs, facilitating more diversified investment strategies for institutional players. The team’s analysis suggests that these changes might help in bridging traditional finance with the blockchain ecosystem, strengthening the crypto space.
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Source: https://coincu.com/346281-sec-universal-crypto-etf-standard/