SEC May Simplify Bitcoin ETF Listing Process, Potentially Easing Approval for Crypto Funds

Key Points

1. The SEC is evaluating a simplified process for crypto ETF listings, potentially replacing the 19b-4 application with the SEC form S-1, which includes a 75-day silent period for objections.

2. This change could accelerate the launch of altcoin-focused ETFs, such as those tracking Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), and XRP (XRP), expected by late 2025.

3. The SEC recently approved the first US-listed crypto staking ETF, the REX Shares Solana ETF (STAK), amid a backlog of crypto ETF applications.

4. Experts note that while procedural changes may expedite listings, the SEC remains cautious about underlying risks like volatility and liquidity in altcoin ETFs.

5. The proposed simplification reflects the SEC's move towards embracing innovative crypto financial products while maintaining regulatory oversight.