The U.S. Securities and Exchange Commission (SEC) is reportedly evaluating a new, simplified listing process for cryptocurrency exchange-traded funds (ETFs). This proposed framework aims to automate significant portions of the approval process, potentially allowing issuers to bypass the traditional 19b-4 application procedure. If implemented, this could enable crypto ETFs to be listed within 75 days, significantly reducing the time and complexity currently involved in gaining approval.
SEC Considers Streamlined Approval for Crypto ETFs
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