SEC ускоряет процесс одобрения крипто-ETF, открывая новые горизонты для инвесторов Headline: SEC Accelerates Crypto-ETF Approval Process, Opening New Horizons for Investors

The U.S. Securities and Exchange Commission (SEC) has approved new general listing standards that will reduce the review period for crypto ETFs from 240 days to 70 days.

«We have established sufficient grounds for the early approval of proposals, prior to the standard 30-day period following the publication of amendments in the Federal Register,» states the document.

The regulator has also set clear criteria for listing funds on Nasdaq, NYSE Arca, and Cboe BZX exchanges. A product must be linked to an asset traded on markets within the International Securities Group (ISG) or serve as a basis for a futures contract registered in an approved market for at least six months.

Additionally, the SEC clarified that an asset must track another ETF with at least a 40% stake that is registered on a national securities exchange. Exchanges that do not meet these standards will need to submit a separate application.

«By approving these listing standards, we ensure that our capital markets remain the best place in the world for advancing innovations in the field of digital assets,» commented SEC Chair Gary Gensler.

According to him, this latest decision will expand investor choice and lower barriers to accessing cryptocurrency-based instruments.

On September 17, the Commission also approved the listing of the first multi-asset fund—Grayscale Digital Large Cap Fund. It includes five assets: Bitcoin, Ethereum, XRP, Solana, and Cardano, as stated by the company’s CEO.

Bloomberg analyst James Seyffart described these changes as «the framework for crypto ETFs that the market has long awaited.» He predicted the launch of new investment products in the U.S. «in the coming weeks and months.»

His colleague Eric Balchunas shared a list of cryptocurrencies that meet the new SEC criteria for ETF listings on exchanges. This includes Litecoin, Dogecoin, Polkadot, Avalanche, and many others.

«Now, crypto ETFs can be launched (without all the hassle and paperwork for each case) under the Securities Act of 1933, as long as the coin has futures on Coinbase—there are currently only 12-15 coins with that,» the expert emphasized.

Balchunas expects that at least 100 exchange-traded funds focused on digital assets will emerge in the market within the next year.

Currently, the SEC is considering over 90 applications from crypto ETF issuers.

It is worth noting that at the beginning of August, NovaDius Wealth President Nate Geraci stated that half of the 20 most successful ETFs in the U.S. are related to cryptocurrencies.