SECETF审批

According to reports, the U.S. Securities and Exchange Commission (SEC) is developing a new framework to simplify the approval process for cryptocurrency ETFs. Currently, exchanges are required to submit Form 19b-4, with a review period that can last up to 240 days. If the new framework is approved, exchanges will be able to list eligible products more efficiently, similar to traditional ETFs.
💬 Will this drive large-scale institutional entry and bring deeper market liquidity? Or will it introduce new risks in a rapidly changing market?
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Event time: July 9, 2025, 14:00 to July 10, 2025, 14:00 (UTC+8)

#SECETF审批 #BinanceTurns8

Binance celebrates its 8th anniversary, marking eight years of innovation, growth, and global impact in the crypto world. Since its founding in 2017, Binance has become the world’s largest cryptocurrency exchange by trading volume, serving millions of users across 100+ countries. With a focus on security, user experience, and education, Binance has launched numerous products—like Binance Academy, Launchpad, and Web3 Wallet—to empower the crypto community. As it turns 8, Binance looks ahead to building a more inclusive financial future through blockchain. The milestone also reflects its resilience amid industry challenges and regulatory changes. Happy 8th, Binance!

Analysis of the Entire Approval Process for #SECETF审批 SEC ETF: Key Steps from Application to Listing
The approval process of the Securities and Exchange Commission (SEC) for Exchange-Traded Funds (ETFs) is an important part of ensuring the stability of financial markets. The entire approval process typically takes 3-6 months, depending on the complexity of the product and the workload of the SEC.

Preparation Stage
The issuer needs to complete the product design plan, including:

Clarifying investment objectives and strategies

Determining the asset class

Designing the subscription and redemption mechanism

Developing a risk management plan

Formal Application Stage
Two core documents must be submitted:

Form 19b-4 (Exchange Rule Change Application)

N-1A Registration Statement (Fund Prospectus)

SEC Review Stage (Key Phase)
The review team will evaluate from multiple dimensions:
(1) Compliance Review: Whether it complies with the Investment Company Act of 1940
(2) Liquidity Assessment: Especially for alternative asset ETFs
(3) Investor Protection: Whether information disclosure is sufficient
(4) Market Impact: Whether it may trigger systemic risk

Feedback and Revision Stage
The SEC typically raises multiple rounds of inquiries, and issuers usually need to provide supplementary materials 2-4 times on average.

Final Approval Stage
After obtaining approval, the ETF also needs to complete:

Determining market makers

Establishing subscription and redemption processes

Conducting pre-listing tests

Latest Updates:
In 2024, the SEC has received 32 new ETF applications, of which cryptocurrency-related products account for 40%. Notably, the SEC has recently strengthened disclosure requirements for ESG-themed ETFs, requiring more detailed environmental impact data. Investors can track the approval progress through the "ETF Application" section on the SEC's official website.

Analysis of the entire approval process for #SECETF审批 SEC ETF: Key steps from application to listing
The approval process for Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) is a crucial aspect of ensuring stability in the financial markets. The entire approval process typically takes 3-6 months, depending on the complexity of the product and the workload of the SEC.

#SECETF审批 US SEC Approves Bitcoin Spot ETF: A Milestone Event for the Cryptocurrency Market
In January 2024, the U.S. Securities and Exchange Commission (SEC) officially approved 11 Bitcoin spot ETFs, including products issued by institutions such as BlackRock and Fidelity. This decision ended a decade-long tug-of-war and marked the formal entry of cryptocurrencies into the mainstream financial market. Spot ETFs allow investors to hold Bitcoin through traditional stock accounts without the need to directly manage private keys, significantly lowering the entry barriers for both institutional and individual investors. After approval, Bitcoin prices experienced increased short-term volatility, but in the long run, the incremental funds brought by ETFs are expected to propel the cryptocurrency market into a new phase.

#SECETF审批 The U.S. Securities and Exchange Commission (SEC) is cautiously advancing approvals for cryptocurrency ETFs while simultaneously adjusting policies. Recently, the SEC announced the delay of several applications, including Franklin Templeton's SOL and XRP ETFs, as well as Grayscale's HBAR and DOGE ETFs, extending the final decision deadline to October 2025. This decision continues the SEC's review logic concerning market manipulation, liquidity, and investor protection, especially against the backdrop of high volatility in cryptocurrencies, with regulators continuously requiring applicants to provide additional disclosure details.

However, there is a subtle shift in regulatory attitude. The SEC is working with exchanges to develop a new approval framework aimed at shortening review cycles and allowing compliant ETFs to list directly, with a draft expected to be released this month and implemented in September-October. Analysts point out that this framework could lead to the approval of mainstream token ETFs like SOL and XRP in the fourth quarter of 2025, with approval probabilities generally exceeding 90%. In the long run, if spot ETFs are fully opened, it will accelerate the influx of institutional funds; however, in the short term, the market still needs to deal with volatility caused by policy uncertainties.

#SECETF审批 Quick Look! SEC ETF Approval Major Event

Everyone, recently the SEC ETF approvals have become the focus of the crypto world. The U.S. Securities and Exchange Commission (SEC) is working to streamline the crypto ETF approval process, with the approval time expected to be reduced from 240 days to 75 days.

Currently, there are over 50 ETF applications pending, covering Bitcoin, Ethereum, and more. Giants like Grayscale and BlackRock are waiting. Once approved, institutional funds may flood in, enhancing market liquidity. However, the SEC is also considering many factors, such as investment strategies and asset liquidity. Everyone is keeping a close watch; the opportunity might be just a second away!

#SECETF审批
Brothers, the SEC's recent simplification of ETF approvals is like giving the crypto circle a fast-track VIP card—previously, it took 240 days for reviews, and investors could become like Zen practitioners; now that it's sped up, institutional funds might flood in like a crowd during a big sale, making the market heat up instantly. However, don't celebrate too early; with more liquidity, volatility might soar like a Ferris wheel. You think you're on an escalator, but you're actually on a roller coaster. If this new regulation isn't managed well, institutions might run faster than you, leading to a live version of 'I buy in, you sell out.' Brothers, be happy but don't let your guard down; even in a bull market, fasten your seatbelt! And of course, may good luck come your way.

#SECETF审批 #SECETF审批 兄弟们，SEC这波简化ETF审批，就像帮b圈办了快速通关VIP卡——以前审240天，投资人都能变佛系修行者；现在一放快，机构资金可能像打折的大卖场人潮一样挤进来，市场瞬间热到爆。不过，别高兴太早，流动性多了，波动性也可能像摩天轮一样上下翻飞

#SECETF审批 2024年SEC已收到32只新ETF申请，其中加密货币相关产品占比达40%。值得注意的是，SEC近期加强了对ESG主题ETF的披露要求，要求提供更详细的环境影响数据。投资者可通过SEC官网的"ETF Application"专栏跟踪审批进度。审批 SEC ETF审批全流程解析：从申请到上市的关键步骤
美国证券交易委员会(SEC)对交易所交易基金(ETF)的审批流程是保障金融市场稳定的重要环节。整个审批过程通常需要3-6个月，具体时间取决于产品复杂程度和SEC的工作量。

Analysis of the Approval Progress of #SECETF审批 SEC Cryptocurrency ETF (July 9, 2025)

Accelerated Approval Framework:
The U.S. SEC is developing a unified listing standard, aiming to simplify the process and reduce the approval time from 240 days to 75 days. The new framework allows qualifying issuers to skip the 19b-4 process and directly submit S-1 documents, potentially implementing as early as September.

SOL ETF May Become the Focus:
The SEC has requested Solana ETF applicants to modify their documents by the end of July, possibly expediting the approval process. Analysts predict that the probability of approval for SOL, XRP, and other altcoin ETFs could reach 95%, potentially becoming the third category of spot cryptocurrency funds after Bitcoin and Ethereum.

Delays and Controversy Coexist:
Although the SEC has postponed decisions on some ETFs (such as DOGE and HBAR) until October, the industry accuses it of “silent delays” damaging market confidence. Institutions like VanEck are calling for the restoration of the “first-come, first-served” policy to ensure fairness.

Political and Regulatory Shift:
Republican leadership is pushing the SEC to adjust its strategy, reduce enforcement actions, and reorganize the cryptocurrency team, signaling support. The market anticipates that Trump’s policies may further benefit cryptocurrency ETF approvals.

Outlook: If the new framework is implemented, altcoin ETFs may experience a surge, but short-term volatility risks remain, requiring attention to the critical decision window in October.

#SECETF审批 U.S. SEC Approves Bitcoin Spot ETFs: A Milestone Event for the Cryptocurrency Market
In January 2024, the U.S. Securities and Exchange Commission (SEC) officially approved 11 Bitcoin spot ETFs, including products issued by institutions such as BlackRock and Fidelity. This decision ends a decade-long tug-of-war and marks the official entry of cryptocurrencies into the mainstream financial market. Spot ETFs allow investors to hold Bitcoin through traditional stock accounts without the need to directly manage private keys, significantly lowering the entry barriers for both institutional and individual investors. After approval, Bitcoin's price experienced increased short-term volatility, but in the long run, the incremental funds brought by the ETFs are expected to push the cryptocurrency market into a new phase.

#SECETF审批 据报道，美国证券交易委员会（SEC）正在制定一套新框架，简化加密货币ETF的审批流程。目前，交易所需提交19b-4表格，审查期最长可达240天。若新框架获批，交易所将能更高效地上市符合条件的产品，类似传统ETF。
💬 这是否会推动机构大规模入场，带来更深的市场流动性？还是会在快速变化的市场中带来新的风险？
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SEC Plans to Introduce Fast-Track Approval Regulations for ETFs, Cryptocurrency Market May Face Transformation

1. Policy Direction: The U.S. SEC plans to establish a new framework for fast-tracking ETF approvals, with a draft to be announced this month, aimed at simplifying the listing process for cryptocurrency spot ETFs.

2. Rule Breakthrough: The new regulations intend to allow exchanges to directly list compliant cryptocurrency ETFs under a unified standard, replacing the traditional model of submitting individual 19b-4 filings and a 75-day approval process.

3. Market Expectations: Analysts expect the new regulations to be implemented in September-October, during which cryptocurrency asset ETFs are likely to see a wave of concentrated approvals, enhancing market activity. $BTC $ETH $SOL #币安HODLer空投LA #SECETF审批 #币安八周年

#SECETF审批 SECETF Approval: US SEC Approves Bitcoin Spot ETF - A Milestone in the Cryptocurrency Market
In January 2024, the US Securities and Exchange Commission (SEC) officially approved 11 Bitcoin spot ETFs, including products issued by institutions such as BlackRock and Fidelity. This decision ends a decade-long tug-of-war and marks the official entry of cryptocurrencies into the mainstream financial market. Spot ETFs allow investors to hold Bitcoin through traditional stock accounts without the need to directly manage private keys, significantly lowering the entry barrier for institutional and individual investors. After the approval, Bitcoin prices experienced increased short-term volatility, but in the long run, the incremental funds brought by ETFs are expected to drive the cryptocurrency market into a new phase.

Attention #SECETF审批 ! The U.S. Securities and Exchange Commission (SEC) has new developments, considering the establishment of a new framework for expedited approval processes. This means that the approval of multiple cryptocurrency spot ETFs is on the horizon. Crypto journalist Eleanor Terrett revealed that once the new framework is implemented, exchanges can directly list eligible cryptocurrency ETFs based on unified standards, without the need to submit individual 19b-4 filings. It will take only 75 days for trading platforms to go live. Bloomberg analyst James Seyffart predicts that the draft framework will be released this month, with formal implementation in September and October. At that time, the cryptocurrency asset ETF sector may undergo a significant transformation. Let's wait and see.

#SECETF审批 2024年SEC已收到32只新ETF申请，其中加密货币相关产品占比达40%。值得注意的是，SEC近期加强了对ESG主题ETF的披露要求，要求提供更详细的环境影响数据。投资者可通过SEC官网的"ETF Application"专栏跟踪审批进度。审批 SEC ETF审批全流程解析：从申请到上市的关键步骤
美国证券交易委员会(SEC)对交易所交易基金(ETF)的审批流程是保障金融市场稳定的重要环节。整个审批过程通常需要3-6个月，具体时间取决于产品复杂程度和SEC的工作量。

#SECETF审批

If the new framework is implemented, it will significantly lower the listing threshold for cryptocurrency ETFs, attracting institutions to enter through compliant products, bringing in incremental funds and liquidity, and promoting market expansion. However, the high volatility of the crypto market and the lag in regulation still exist, and rapid approvals may lead to inadequate risk control for some products, compounded by risks such as market manipulation. It is necessary to remain vigilant about the contradiction between short-term speculative overheating and long-term risk accumulation.

#SECETF审批 US SEC Approves Bitcoin Spot ETF: A Milestone Event for the Cryptocurrency Market
In January 2024, the U.S. Securities and Exchange Commission (SEC) officially approved 11 Bitcoin spot ETFs, including products issued by institutions such as BlackRock and Fidelity. This decision ends a decade-long tug-of-war and marks the official entry of cryptocurrencies into the mainstream financial market. Spot ETFs allow investors to hold Bitcoin through traditional stock accounts without the need to directly manage private keys, significantly lowering the entry threshold for both institutional and individual investors. After the approval, Bitcoin prices experienced increased short-term volatility, but in the long run, the incremental funds brought in by the ETF are expected to push the cryptocurrency market into a new phase.

#SECETF审批 2024年1月，美國證券交易委員會（SEC）正式批准了11只比特幣現貨ETF，包括貝萊德（BlackRock）、富達（Fidelity）等機構發行的產品。這一決定結束了長達十年的拉鋸戰，標誌着加密貨幣正式進入主流金融市場。現貨ETF允許投資者通過傳統股票賬戶持有比特幣，無需直接管理私鑰，大幅降低了機構和個人投資者的入場門檻。獲批後，比特幣價格短期波動加劇，但長期來看，ETF帶來的增量資金有望推動加密貨幣市場進入新階段。