The U.S. Securities and Exchange Commission (SEC) has streamlined the approval process for cryptocurrency exchange-traded funds (ETFs) by eliminating the requirement for 19b-4 filings. This move removes a significant regulatory hurdle, potentially accelerating the launch of spot crypto ETFs. Previously, ETF issuers were required to submit 19b-4 filings to amend exchange rules for each product. Under the new framework, approved earlier this month, the SEC has established generic listing standards for commodity-based exchange-traded products (ETPs), including those tied to cryptocurrencies. Now, issuers only need to file an S-1 to receive approval, allowing exchanges to list products within the generic commodity ETP category without seeking individual rule changes. This change is expected to reduce delays and facilitate quicker market entry for crypto ETFs.