SEC Approves Generic Listing Standards In Major Step To Ease Crypto ETF Approvals

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The United States Securities and Exchange Commission (SEC) has approved generic listing standards to facilitate faster approval of spot crypto ETFs. Under the new standards, each application would not need to be assessed individually. 

According to SEC Chair Paul Atkins, the new listing standards will help reduce barriers to accessing digital assets, giving investors more choice in the market. 

SEC Approves Generic Listing Standards 

The SEC has approved generic listing standards that could help speed up spot crypto ETF approvals. Under the new standards, each application will not have to be assessed individually. The decision was included in SEC filings on Nasdaq, NYSE Arca, and Cboe BZX on Wednesday. It aims to streamline the approval process under Rule 6c-11, thereby substantially reducing approval times. SEC Chair Paul Atkins released a separate statement, 

“By approving these generic listing standards, we are ensuring that our capital...

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