BitcoinWorld

SEC Reviews NYSE Arca Proposal to Tighten Crypto ETF Listing Rules, Sparking Industry Debate

The U.S. Securities and Exchange Commission (SEC) has officially begun reviewing a proposal from NYSE Arca to tighten listing standards for cryptocurrency exchange-traded funds (ETFs). This move introduces the so-called ‘85% qualified asset requirement,’ a rule that could reshape the crypto ETF landscape. The SEC review marks a critical step in determining whether these stricter guidelines will become permanent.

Understanding the 85% Qualified Asset Requirement

NYSE Arca, a major exchange, seeks to amend its rules. The core change mandates that at least 85% of the assets in a commodity-based ETF must be ‘verified assets.’…