Odaily Planet Daily News - The U.S. Securities and Exchange Commission (SEC) is considering establishing a new framework to expedite the approval process, with a draft expected to be released this month. Several cryptocurrency spot ETFs are likely to be approved in succession. Previously, crypto journalist Eleanor Terrett revealed that this framework may allow exchanges to directly list eligible crypto ETFs based on a unified standard, without the need to submit 19b-4 filings one by one and wait for a 75-day approval cycle. Bloomberg ETF analyst James Seyffart expects that this new regulation may be officially implemented as early as September or October, when more cryptocurrency asset ETFs are expected to see a wave of approvals. (The Block)