{"id":89034,"date":"2025-09-18T11:56:07","date_gmt":"2025-09-18T08:56:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89034"},"modified":"2025-09-18T12:00:56","modified_gmt":"2025-09-18T09:00:56","slug":"sec-simplifies-listing-procedure-for-crypto-etfs","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/sec-simplifies-listing-procedure-for-crypto-etfs\/","title":{"rendered":"SEC Simplifies Listing Procedure for Crypto ETFs"},"content":{"rendered":"<p>The U.S. Securities and Exchange Commission (SEC) <a href=\"https:\/\/www.sec.gov\/files\/rules\/sro\/nasdaq\/2025\/34-103995.pdf\">approved<\/a> general listing standards, reducing the review period for crypto ETF applications from 240 to 70 days.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe have established sufficient grounds for early approval of proposals\u2014before the expiration of the standard 30-day period following the publication of the notice of amendments in the Federal Register,\u201d the document states.<\/p>\n<\/blockquote>\n<p>The regulator also set clear criteria for listing funds on Nasdaq, NYSE Arca, and Cboe BZX exchanges. The product must be linked to an asset traded on <span data-descr=\"International Securities Group\" class=\"old_tooltip\">ISG<\/span> platforms or serve as the basis for a futures contract registered on an approved market for at least six months.<\/p>\n<p>Another requirement is tracking an asset that is part of another ETF with a share of at least 40% and registered on a national stock exchange, the SEC clarified. Platforms not meeting the listed standards will need to submit a separate application.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cBy approving these listing standards, we ensure that our capital markets remain the best place in the world to work with cutting-edge innovations in digital assets,\u201d commented SEC Chairman Paul Atkins.<\/p>\n<\/blockquote>\n<p>According to him, the regulator&#8217;s latest decision will expand investor choice and lower barriers to accessing cryptocurrency-based instruments.<\/p>\n<p>On September 17, the Commission also approved the listing of the first multi-coin fund\u2014Grayscale Digital Large Cap Fund. It includes five assets: Bitcoin, Ethereum, XRP, Solana, and Cardano, as stated by the company&#8217;s CEO.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Grayscale Digital Large Cap Fund <a href=\"https:\/\/twitter.com\/search?q=%24GDLC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$GDLC<\/a> was just approved for trading along with the Generic Listing Standards. The Grayscale team is working expeditiously to bring the *FIRST* multi <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&#038;ref_src=twsrc%5Etfw\">#crypto<\/a> asset ETP to market with Bitcoin, Ethereum, XRP, Solana, and Cardano<a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ETH?src=hash&#038;ref_src=twsrc%5Etfw\">#ETH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24XRP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XRP<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a>\u2026<\/p>\n<p>\u2014 Peter Mintzberg (@PeterMintzberg) <a href=\"https:\/\/twitter.com\/PeterMintzberg\/status\/1968455083214983201?ref_src=twsrc%5Etfw\">September 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"wp-block-heading\">Opinions<\/h2>\n<p>Bloomberg exchange analyst James Seyffart called the changes \u201cthe crypto ETF framework the market has been waiting for.\u201d He predicted the launch of new investment products in the U.S. \u201cin the coming weeks and months.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">WOW. The SEC has approved Generic Listing Standards for &#8220;Commodity Based Trust Shares&#8221; aka includes crypto ETPs. This is the crypto ETP framework we&#8217;ve been waiting for. Get ready for a wave of spot crypto ETP launches in coming weeks and months. <a href=\"https:\/\/t.co\/xDKCuj41mc\">pic.twitter.com\/xDKCuj41mc<\/a><\/p>\n<p>\u2014 James Seyffart (@JSeyff) <a href=\"https:\/\/twitter.com\/JSeyff\/status\/1968437645660352620?ref_src=twsrc%5Etfw\">September 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>His colleague Eric Balchunas shared a list of coins that meet the new SEC criteria for ETF listing on exchanges. These include Litecoin, Dogecoin, Polkadot, Avalanche, and many others.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Here&#8217;s a list of all the coins that have futures on Coinbase = eligible for spot ETF-ization <a href=\"https:\/\/t.co\/8hIo95GebT\">pic.twitter.com\/8hIo95GebT<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1968439408459132977?ref_src=twsrc%5Etfw\">September 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cNow [crypto ETFs] can be launched (without all the fuss and bureaucracy for each case) under the 1933 Act, as long as the coin has futures on Coinbase\u2014and currently, only 12-15 coins do,\u201d the expert emphasized.<\/p>\n<\/blockquote>\n<p>Balchunas <a href=\"https:\/\/x.com\/EricBalchunas\/status\/1968461572042309728\">expects<\/a> that at least 100 exchange-traded funds focused on digital assets will appear on the market within the next year.<\/p>\n<p>Currently, the SEC <a href=\"https:\/\/forklog.com\/en\/news\/92-applications-for-crypto-etfs-submitted-in-the-us\">is reviewing<\/a> more than 90 applications from crypto ETF issuers.<\/p>\n<p>In early August, NovaDius Wealth President Nate Geraci <a href=\"https:\/\/forklog.com\/en\/news\/crypto-funds-overtake-traditional-etfs\">stated<\/a> that half of the 20 most successful exchange-traded funds in the U.S. are linked to cryptocurrencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. SEC approved general listing standards, reducing the review period for crypto ETF applications from 240 to 70 days.<\/p>\n","protected":false},"author":1,"featured_media":89035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Analysts predict the launch of numerous new funds soon.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,36,128],"class_list":["post-89034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-regulation","tag-sec"],"aioseo_notices":[],"amp_enabled":true,"views":"285","promo_type":"1","layout_type":"1","short_excerpt":"Analysts predict the launch of numerous new funds soon.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89034"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89034\/revisions"}],"predecessor-version":[{"id":89036,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89034\/revisions\/89036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/89035"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}