Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
SEC Makes Spot Crypto ETF Listing Process Easier, Approves Grayscale's Large-Cap Crypto Fund

SEC Makes Spot Crypto ETF Listing Process Easier, Approves Grayscale's Large-Cap Crypto Fund

CryptoNewsNetCryptoNewsNet2025/09/18 01:18
By:coindesk.com

The U.S. Securities and Exchange Commission (SEC) on Wednesday approved a set of rules for exchanges to list exchange-traded products (ETPs) holding spot commodities, including cryptocurrencies, without requiring the agency’s individual review each time.

With the decision, exchanges that meet the generic listing standards can bring commodity-based trust shares to the market directly, sidestepping the often-lengthy 19(b) rule filing process, which can take up to 270 days and requires the SEC to actively approve or disapprove an ETF.

SEC Chairman Paul Atkins said the decision was aimed at reducing barriers to accessing digital asset products in regulated U.S. marketplaces.

"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," SEC Chairman Paul Atkins said in a statement.

Alongside the rule change, the agency signed off on the Grayscale Digital Large Cap Fund, which tracks the assets in the CoinDesk 5 Index and currently consists of bitcoin BTC$116,663.82, ether (ETH), XRP XRP$3.0839, Solana SOL$244.88 and Cardano ADA$0.9103.

Read more: SEC's Pause of Grayscale Fund Is Likely Temporary

The regulator also approved the launch of options tied to the Cboe Bitcoin U.S. ETF Index and its mini version, broadening the set of crypto-linked derivatives available on regulated U.S. markets.

Big move for altcoin ETFs

The SEC's listing standards could potentially open the way for a wave of spot-based altcoin ETFs that have been waiting for regulators' nod to enter the market.

"This is the crypto ETP framework we've been waiting for," James Seyffart, ETF research analyst at Bloomberg Intelligence, said in an X post. "Get ready for a wave of spot crypto ETP launches in coming weeks and months."

Echoing this sentiment, Kristin Smith, the President of Solana Policy Institute, said, "We are incredibly encouraged by tonight's news: the SEC continues to promote the rule of law by setting clear rules of the road for US businesses and to take positive steps to allow American investors to safely access digital assets."

"These new generic listing standards are a net-positive for U.S. investors, markets, and digital asset innovation. Excited for the next wave of crypto adoption!," she added.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Velo Protocol launches Orbit Plus super app to empower the future of Real World Asset (RWA) tokenization

Integrating EVOLVE, Velo, and Lightnet to unlock asset tokenization, PayFi settlement, and global financial inclusion.

ForesightNews2025/09/18 16:22
Velo Protocol launches Orbit Plus super app to empower the future of Real World Asset (RWA) tokenization

QuBitDEX Leads TBOS2025: Pioneering On-Chain Technology Applications and Building a Prosperous Web3 Ecosystem Together

Taiwan's first blockchain online summit, TBOS, was successfully held, focusing on the popularization of decentralized applications and the transition from Web2 to Web3. The event showcased cutting-edge technologies such as ZK, RWA, and AI, while QuBitDEX presented a new vision for decentralized exchanges. Summary generated by Mars AI. The accuracy and completeness of the content generated by the Mars AI model are still being iteratively improved.

MarsBit2025/09/18 16:20
QuBitDEX Leads TBOS2025: Pioneering On-Chain Technology Applications and Building a Prosperous Web3 Ecosystem Together