SEC Speeds Up Formulating Common Listing Standard for Crypto ETFs, Altcoin ETF "Floodgates" Set to Open
BlockBeats News, July 9th, according to Theblock report, as the U.S. Securities and Exchange Commission considers expediting the approval of a unified listing framework, the "gate" for altcoin cryptocurrency ETFs is about to open. Previously, according to crypto journalist Eleanor Terrett, the U.S. Securities and Exchange Commission is collaborating with various exchanges to develop a universal cryptocurrency ETF listing standard, which is still in its early stages. If a cryptocurrency meets the standard, the issuer can bypass the 19b-4 process and directly submit an S-1 filing, waiting for 75 days for the exchange to list it. This approach can save issuers and the SEC a significant amount of paperwork and time spent seeking feedback. Specific rules for the universal listing standard for cryptocurrency ETFs have not yet been clarified, with market speculation considering market capitalization, trading volume, and liquidity.
Bloomberg industry research ETF analyst James Seyffart expects the framework draft to be released this month, with implementation in September or October, at which point the gates for other asset ETFs will open. Analyst Eric Balchunas recently estimated a 95% likelihood of the SEC approving ETFs for SOL, XRP, and LTC, with a high likelihood of ETF proposals tracking Dogecoin, Cardano, and Polkadot also being approved, at around 90%.
You may also like

Exclusive Interview with Alpaca CEO: What is the background of the US stock underlying service provider behind Binance and Bitget?

Variant: Three types of L1 assets are highly likely to become the main means of value storage

Does the performance on Perp DEX become an "invisible threshold" and "amplifier" for new coins to go live on CEX?

Zhou Hang: How much is SpaceX really worth?

IOSG: From Coinbase to Upbit: How a Token Completes a 28-Day Journey of Taking Over

Morning Report | Strategy sold 32 BTC and over 800,000 shares of MSTR last week; Binance officially announced its U.S. stock trading portal; Polymarket reached an exclusive partnership with OneFootball

Guaranteed Price Now Live on WEEX: Execute with Greater Precision

Morning News | Michael Saylor releases Bitcoin Tracker information; Aave releases post-attack investigation on Kelp rsETH bridge; Gravity Bridge announces service suspension after being attacked

BIS's latest research: The future of stablecoins and the global monetary landscape

Interview with macro master Raoul Pal: The AI competition is giving rise to an "economic singularity," don't easily give up your chips in the next four years

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times his investment in storage stocks? (Six) - The Trap of Homogeneous Products

"Trapped in the cryptocurrency world: Don't let the anxiety of missing out force you onto the most dangerous last train."

The broken defense of Solana's guardians: In order to tear apart Hyperliquid, they actually picked up the script that Ethereum once criticized itself?

Why is Peter Thiel, behind Palantir, preparing an exit in Argentina?

The midlife crisis of Crypto GP: Without PMF, there is no next check from LP

Fidelity Mid-Year Review: 6 Key Trends in Digital Assets for 2026

Three years later: Looking back at my judgment of ChatGPT in 2023




