The U.S. Securities and Exchange Commission has implemented a revised ETF approval framework aimed at accelerating authorization for cryptocurrency exchange-traded funds. The updated system replaces case-by-case evaluations with a unified review methodology featuring standardized disclosure requirements and consistent evaluation criteria.
This regulatory overhaul could reduce approval timeframes from the previous 240-day maximum to approximately 75 days. Major market operators including Nasdaq and Cboe are collaborating with the SEC to finalize details of the streamlined process.
Over 54 cryptocurrency ETF applications currently under review demonstrate market anticipation of the new framework, including filings for Solana, XRP, and Dogecoin-based funds. Industry innovation is evident in structures such as the REX-Osprey Sol + Staking ETF designed to navigate regulatory parameters.
The expedited approval pathway signals potential for increased institutional adoption through easier ETF access.