SEC Greenlights Generic Listing Standards—Crypto ETFs About to Explode

CN
10 hours ago

The U.S. Securities and Exchange Commission (SEC) announced on Sept. 17 that it approved generic listing standards for commodity-based trust shares, covering exchange-traded products (ETPs) tied to spot commodities, including digital assets. This marks a notable step toward simplifying the regulatory path for crypto-linked investment products.

The agency explained the impact of this regulatory shift:

As a result, the exchanges may list and trade Commodity-Based Trust Shares that meet the requirements of the approved generic listing standards without first submitting a proposed rule change to the Commission pursuant to Section 19(b) of the Exchange Act.

SEC Chair Paul S. Atkins highlighted the significance of the decision, stating: “By approving these generic listing standards, we are ensuring that our capital markets remain the best place in the world to engage in the cutting-edge innovation of digital assets. This approval helps to maximize investor choice and foster innovation by streamlining the listing process and reducing barriers to access digital asset products within America’s trusted capital markets.”

Reactions from industry analysts on social media platform X were swift. Bloomberg ETF analyst Eric Balchunas wrote: “BOOM: SEC has approved the generic listings standards that will clear way for spot crypto ETFs to launch (without going through all this bs every time) under ’33 Act so long as they have futures on Coinbase, which currently incl about 12-15 coins.” Fellow Bloomberg ETF analyst James Seyffart also commented on the development on social media platform X:

WOW. The SEC has approved Generic Listing Standards for ‘Commodity Based Trust Shares’ aka includes crypto ETPs. This is the crypto ETP framework we’ve been waiting for. Get ready for a wave of spot crypto ETP launches in coming weeks and months.

He further explained: “Basically, if the asset has a futures contract trading on a regulated exchange (i.e Coinbase derivative) for 6 months. It will be allowed to become a spot ETF.” While the approval accelerates access to digital asset investment products, some skeptics warn of risks tied to rapid crypto adoption, but advocates argue that regulated structures can deliver safer exposure compared to unregulated markets.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink