#SECETFApproval The SEC is reportedly developing a new framework aimed at accelerating the approval process for crypto ETFs. Currently, exchanges must file a 19b-4 form for each new product, initiating a lengthy review period that can last up to 240 days.

The proposed framework seeks to streamline this by allowing exchanges to list qualifying crypto ETFs more efficiently, similar to how traditional ETFs are approved. This could potentially involve a standardized listing template and a shorter review period, possibly reducing approval times to as little as 75 days for certain products. If adopted, this initiative would significantly reduce regulatory friction and provide greater clarity for both issuers and investors, potentially opening the door to a broader range of crypto investment products in the mainstream financial market.