In brief
- The proposed rule change would allow automatic approval of crypto ETFs that meet certain criteria.
- If approved, it could open the door to faster listings for altcoin-based ETFs.
- Though some warn the proposal also risks “regulatory favoritism which could “fuel private interests.”
Two major U.S. exchanges have asked the Securities and Exchange Commission to approve a rule change that could significantly shorten the approval process for future crypto exchange-traded funds, automatically listing certain products without requiring case-by-case filings.
In separate filings submitted Wednesday, Cboe BZX and NYSE Arca proposed amending their listing standards to allow certain crypto ETFs to be listed without going through the SEC’s…
Jul 31 2025
