#SECETFApproval "U.S. SEC Accelerates ETF Listing Approval Process... Regulatory Atmosphere Has Changed"
The U.S. Securities and Exchange Commission (SEC) appears to be considering a framework that can expedite the approval process for Exchange-Traded Fund (ETF) listings, suggesting a constructive shift in the regulatory agency’s approach.
On the 9th (local time), cryptocurrency-specialized media The Block, quoting anonymous sources, reported, "In recent months, ETF proposals tracking various digital assets such as Solana (SOL), XRP (XRP), and Dogecoin (DOGE) have been submitted, and the SEC is engaged in constructive discussions by providing opinions and feedback on related details."
As the central institution for President Donald Trump’s ‘crypto capital’ pledge, the SEC, under the leadership of the new Chair Paul Atkins, is taking a proactive stance towards digital asset regulation.
Gregory King, founder of Osprey Funds, stated, "The SEC's atmosphere has definitely changed. It is showing a friendly attitude toward business, innovation, and digital assets."