SEC's Accelerated Crypto ETF Plan: Is the Institutional Rush Beginning?

#SECETFApproval

The SEC is transitioning to a groundbreaking system for crypto ETF applications. Now, exchange applications can be listed quickly through a centralized approval protocol without being held up by the lengthy 19b-4 process.

📌 What's changing?

• Major exchanges like CBOE, NYSE, and Nasdaq are being integrated into the process

• Eligible products could be on the market in 2–3 months with “in-framework” approval

• The process is modeled after the traditional ETF format, opening the door for investors

This development could pave the way for altcoin ETFs in particular.

Institutional funds can now access products like Solana, Cardano, and Avalanche in a shorter timeframe.

🔍 This new framework isn't just about speed; it could open the door to a new era of ETFs.