In a significant move for the digital asset industry, the SEC has approved a new set of pre-cleared listing standards for crypto ETFs.
This decision, pushed through on an accelerated timeline, provides exchanges with a clear and efficient template for bringing these products to market. By reducing regulatory uncertainty and procedural delays, the action is expected to spur a new wave of innovation and product offerings.
SEC Chairman Paul Atkins endorsed the change, noting it “reduce[s] barriers to access digital asset products” for investors.