The U.S. Securities and Exchange Commission's (SEC) updated listing standards could significantly speed up the approval process for spot crypto ETFs, particularly for assets with existing futures markets. The new rules enable exchanges to list commodity-based trust shares that meet specific criteria, potentially reducing approval timelines from years to months.
Despite the streamlined process, experts emphasize the importance of maintaining investor protection measures, as legal obligations under the Securities Act of 1933 and the Investment Company Act of 1940 remain in force. Analysts have identified 22 cryptocurrencies with futures on Coinbase as potential candidates for spot ETF conversion, highlighting the need for exchanges and market participants to ensure quality and transparency.
SEC Listing Standards May Expedite Bitcoin Spot ETF Approvals
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