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