Catenaa, Thursday, September 18, 2025- The US Securities and Exchange Commission approved accelerated exchange listing standards Wednesday, paving the way for faster approval and trading of crypto exchange-traded funds across major US markets.
The new rules reduce filing requirements and shorten review periods, allowing exchanges such as Nasdaq, NYSE Arca, and Cboe BZX to list commodity-based trust shares tracking digital assets without the usual 19b-4 form, which previously required up to 240 days for approval.
The SEC said it found “good cause” to approve the standards early, noting that the amendments clarify definitions and requirements for generic listing of crypto ETFs.
The change is expected to expedite dozens of pending listings, including products tracking Solana, XRP, Dogecoin, Bitcoin, and Ethereum, within a friendlier regulatory environment.
The agency simultaneously approved the listing and trading of the Grayscale Digital Large Cap Fund, an over-the-counter ETF primarily composed of Bitcoin and Ethereum, with smaller allocations to Solana, Cardano, and XRP.
Under the new framework, similar funds could now reach public markets faster, reducing barriers to investor access and broadening participation in digital asset products.
Analysts noted the move could significantly increase market liquidity and expand retail participation in crypto ETFs.
Investors and asset managers are preparing to adjust strategies as approval timelines shrink from 240 days to as few as 75 days, potentially unlocking new capital inflows and accelerating the growth of digital investment products in regulated US markets.
