The floodgates for cryptocurrency ETFs for counterfeit products are about to open as the Securities Exchange Commission considers expediting the approval of a unified listing framework. According to crypto journalist Eleanor Terrett, the Securities Exchange Commission is working with trading platforms to develop common listing standards for cryptocurrency ETFs. It is still in the early stages. If a cryptocurrency meets the standards, issuers can skip the 19b-4 process and file an S-1 directly, and wait 75 days for the trading platform to go live. This approach can save issuers and the SEC a lot of paperwork and repeated comment time. The specific rules of the general listing standards for cryptocurrency ETFs have not yet been clarified, and market speculation, market capitalization, trading volume, and liquidity are all being taken into account.
Bloomberg Industry Research ETF analyst James Seyffart expects the draft framework to be released this month and implemented in September or October, when the floodgates will open for other asset ETFs. Analyst Eric Balchunas recently estimated a 95% chance that the SEC will approve ETFs for SOL, XRP, and LTC, and a 90% chance that proposals tracking Dogecoin, Cardano, and Polkadot will be approved.
The US SEC will consider speeding up the approval of the unified listing framework, and the "floodgates" of counterfeit products ETFs are about to open
2025-07-09 00:11:17
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