Процедура одобрения криптовалютных ETP в США может быть ускорена благодаря новым правилам SEC

cryptonews.ruPublicado a 2025-07-13Actualizado a 2025-07-31

Комиссия по ценным бумагам и биржам США (SEC) опубликовала новые стандарты листинга для биржевых продуктов (ETP) на основе цифровых активов. По правилам любая криптовалюта, торгуемая в виде фьючерсов не менее 6 месяцев на деривативной платформе Coinbase, может претендовать на одобрение. По словам аналитика Bloomberg Эрика Балчунаса, это открывает дорогу примерно для дюжины крупнейших криптовалют.

Формально это только проект, и сейчас лишь идет период обсуждения, но эксперты ожидают финальное одобрение в течение ближайших 60 дней. Первые решения могут быть приняты уже в сентябре или октябре. Согласно поданным документам, речь идет о BTC, ETH, SOL и других ликвидных криптовалютах с активным фьючерсным рынком. Под новые условия также подпадают токены XRP и еще несколько топовых альткоинов.

Отдельным пунктом прописана возможность запуска ETP со стейкингом. Новый пункт 14.11(e)(4)(G) требует программу управления ликвидностью, если менее 85% активов доступны для немедленного выкупа. Это может открыть дорогу ETP, приносящим доход через делегирование, особенно для таких сетей, как Solana.

По данным юриста Грега Ксэталиса, 10 октября — ключевая дата. Именно к этому сроку SEC должна определиться с судьбой заявок на запуск Solana ETP. При этом продукты, связанные с SOL, могут быть одобрены даже раньше, так как соответствие стандартам правилам Generic Listing уже имеются.

Кроме Solana, в лист ожидания вошли XRP и альтернативные криптоактивы, на которые уже оформлены заявки по форме 19b-4. Комиссия SEC может рассмотреть их в отдельном формате или в рамках новых правил. Параллельно аналогичные документы могут подать NYSE и NASDAQ. Если регулятор не будет затягивать решение, запуск ETP на SOL и XRP может состояться уже в начале 4-го квартала текущего года

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