U.S. SEC approves general listing standards for ETFs…simplifies listing procedures for crypto ETFs

Suehyeon Lee

Summary

The U.S. SEC approved general listing standards for ETFs, simplifying crypto ETF listing procedures.
Spot-based crypto ETFs can be listed without an explicit approval process for individual products.
Virtual assets that have had futures trading on Coinbase's derivatives exchange for over 6 months will be automatically approved for ETF listing without separate review.

The U.S. Securities and Exchange Commission (SEC) approved general listing standards for exchange-traded funds (ETFs), streamlining the procedures for listing ETFs based on virtual assets (cryptocurrencies).

On the 18th (local time), Watcher Guru said on X, "The U.S. SEC approved general listing standards for spot-based ETFs, making it possible to list crypto ETFs without an explicit approval process for individual products."

This decision is an institutional change that simplifies the ETF review and approval process: virtual assets that have had futures trading on Coinbase's derivatives exchange for more than 6 months will be automatically approved for ETF listing without separate review. This is expected to help new crypto ETF products enter the market more quickly.