#SECETFApproval

The SEC's ETF approval process is evolving, particularly for crypto assets. Historically cautious, the commission recently approved spot Bitcoin and Ethereum ETFs, signalling a shift. This follows legal pressures and growing market maturity. New guidance aims to streamline approvals, potentially cutting wait times from months to 75 days for token-based ETFs. Factors include robust futures markets, investor protection, and clear disclosures. The SEC seeks to prevent fraud while facilitating market access.