SEC to expedite crypto ETF listing process?
The United States Securities and Exchange (SEC) commission would explore a simplified registration structure for the funds (ETF) negotiated in exchange for crypto which would automate a significant part of the approval process.
By virtue of the proposed overhaul, the ETF issuers could potentially bypass the 19B-4 request files, form entities submit to dry before listing a financial product on exchanges, according to the journalist of Crypto Eleanor Terrett.
Instead, the issuers would submit the SEC S-1 form, the initial registration registration file and wait 75 days. If the SEC does not oppose the request, the transmitter would be free to list the ETF, which reduces back and forth communication between fund managers and the regulator.
Terrett says that the details of the proposal, including the eligibility criteria for cryptocurrencies eligible for the accelerated process, have not yet been confirmed by issuers and the regulatory body.
Crypto ETF approvals are a subject with hot buttons, because the ETF Altcoin classified by the United States could attract fresh capital in the Altcoin markets, potentially triggering a sustained altcoin rally, or Alts-Season.
In relation: Crypto ‘Altcoin Etf Summer’ may have come in July with the approvals of the dry: analysts
The dry approves the first crypto ETF of jealous as key decisions to be woven
The SEC recently lit the country’s first cryptocurrency. The regulator has enabled the launch of the Rex Sharing Solana Etf (Stak), which includes awards for jealizing as part of its strategy.
This decision comes while the dry faces a back -in -pending decisions on several ETFs linked to the crypto, many of which with end deadlines set for the second half of 2025. Online proposals for approval include ETFs that hold Litecoin (LTC), Dogecoin (DOGE), Solana (soil) and XRP (XRP), as well as the features of features Ither (Sol) and the Ither (ETH) funds.
Bloomberg ETF analyst James Seyffart said delays were expected on cryptographic funds, with final deadlines for several applications scheduled for October.
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