How do SEC’s new standards change the landscape for crypto ETFs?
The U.S. Securities and Exchange Commission (SEC) has introduced new listing standards for cryptocurrency exchange-traded funds (ETFs). This new policy aims to cut the approval timeframe from 240 to 75 days. It permits exchanges such as Nasdaq and NYSE Arca to list crypto ETFs without requiring individual reviews, assuming they comply with specified criteria. Is this a way to bring more liquidity and access to the market for digital assets?
The SEC Chairman, Paul S. Atkins, has emphasized that these adjustments are meant to keep U.S. capital markets at the forefront of digital asset innovation. It is anticipated that the approval of generic listing standards will pave the way for many new products, increasing choices for investors and…
