#SECETFApproval SEC Moves Toward Streamlined Approval for Crypto ETFs, Including XRP

The U.S. Securities and Exchange Commission (SEC) is progressing with a proposed rule that could dramatically reshape the approval timeline for spot cryptocurrency exchange-traded funds (ETFs), including those tied to XRP. The new regulation aims to establish a standardized framework, potentially shortening the approval period from the current 240 days to just 75 days.

As part of this effort, the SEC has released a comprehensive 12-page guidance document outlining key disclosure requirements for crypto ETFs. This includes detailed transparency regarding custody arrangements, associated risks, and unique characteristics specific to digital asset-based ETFs. The goal is to bolster investor protection while fostering innovation in the crypto space.

These regulatory advancements signal a notable shift in the SEC’s approach under its current leadership — favoring a more structured and transparent environment for digital assets. While the proposed rule could expedite ETF approvals, it also introduces more rigorous standards, potentially raising the bar for applicants.

This evolving landscape highlights the growing need for clarity, compliance, and active engagement as the digital asset market continues to mature.