The U.S. Securities and Exchange Commission (SEC) has released new listing rules for crypto ETPs (Exchange-Traded Products) that may accelerate the approval process for such funds.
New Rules for Crypto ETF Listings
The SEC has established that tokens traded on the Coinbase derivatives market for more than six months will qualify for listing. This rule could cover a dozen large assets.
Key Approval Dates
The first to be approved will be Solana ETPs, which must receive clearance by October 10, 2025. The SEC may also decide on XRP ETPs by this date.
Streamlining Regulatory Processes
A recent filing by NYSE Arca indicates that the industry is working to simplify regulatory procedures. Hurdles associated with formalities will be eliminated, allowing for new financial products to enter the market more freely.
With the introduction of these new SEC rules, the approval model for crypto ETFs becomes more predictable and less cumbersome, which is significant for both investors and the market.
