SEC approves generic listing standards for crypto ETFs
- The SEC stated that it has approved the generic listing standards proposed by top US exchanges for commodity-based ETFs.
- Exchanges may list and trade commodity-based trust shares that meet listing standards without filing a rule change with the SEC.
- The agency also approved the listing and trading of Grayscale’s Digital Large Cap Crypto Fund.
The Securities and Exchange Commission (SEC) approved generic listing standards for commodity-based trust shares on Nasdaq, Cboe, and the NYSE, allowing these exchanges to list such products without going through the normal ETF waiting process.
SEC green lights generic ETF listing standards for Nasdaq, Cboe and NYSE
The US SEC approved standards that could accelerate the approval of…
