#SECETFApproval

The U.S. Securities and Exchange Commission (SEC) is preparing a standardized rule to simplify the listing of spot crypto ETFs. The move comes as applications tied to cryptocurrencies such as Solana, XRP, Dogecoin, Polkadot, and the Trump meme coin await final approval.

The updated framework aims to replace the current case-by-case approach, which relies on the 19b-4 exemption process. That process often delays ETF launches by as much as 240 days.