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07/10 05:06

SEC reform could cut crypto ETF approval time from

SEC reform could cut crypto ETF approval time from 240 to 75 days

The SEC is looking to speed up the crypto ETF approval process, potentially cutting the timeframe from 240 to 75 days amid a surge in altcoin fund applications.

The SEC is aiming to cut ETF approval time to 75 days by replacing the outdated 19b-4 process.

More than 54 crypto ETF applications show growing interest ahead of companies’ new rules.

The REX-Osprey ETF offers Solana exposure using offshore funds and staking for yield.

The U.S. Securities and Exchange Commission (SEC) is looking to streamline the approval process for crypto exchange-traded funds (ETFs). New disclosure guidance released last week outlines steps to replace the lengthy exemption-based system.

 The current 19b-4 process can take up to 240 days, but the proposed change could cut that time to 75 days. The Securities and Exchange Commission (SEC) is seeking to provide a uniform filing structure for ETFs, moving away from case-by-case decisions.

Major exchanges including Nasdaq and Cboe are reportedly working closely with the SEC to shape the future framework. These talks are focused on creating a new listing process that will reduce uncertainty for issuers. Industry leaders welcomed the move, interpreting it as a signal that digital assets are gaining wider acceptance in traditional financial markets.

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