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New SEC guidelines may accelerate the approval process for crypto ETFs.

2025-11-27 00:04

Odaily Planet Daily reports that the U.S. Securities and Exchange Commission (SEC) has released new guidance that could accelerate the approval timeline for cryptocurrency exchange-traded funds (ETFs).

These updates were released following a prolonged government shutdown that resulted in a backlog of over 900 registration filings. The SEC issued technical guidance outlining how issuers can proceed with ETF applications under Sections 8(a) and 461 of the Securities Act of 1933.

Key changes in the new guidelines that will expedite the approval process include:

On September 17, 2025, the SEC approved a common listing standard for commodity trust shares on Nasdaq, Cboe BZX Exchange, and NYSE Arca. This eliminated the need for each eligible crypto ETP (Exchange-Traded Product) to receive separate Section 19(b) approval.

Regarding documents submitted during the government shutdown, the guidelines confirm that registration declarations without extension provisions will automatically take effect 20 days later under Section 8(a).

The new SEC directive allows issuers to choose automatic implementation or to request expedited implementation under Rule 461 for a faster listing. (cointelegraph)