SEC Tells Issuers to Pull 19b-4s; ETFs Could Be Approved ‘Absurdly Fast’

United States News News

SEC Tells Issuers to Pull 19b-4s; ETFs Could Be Approved ‘Absurdly Fast’
United States Latest News,United States Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 182 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 76%
  • Publisher: 63%

A recent rule change allows exchanges to list crypto ETFs without individual SEC review, streamlining the process, with approval potentially happening any day.

A recent rule change allows exchanges to list crypto ETFs without individual SEC review, streamlining the process, with approval potentially happening any day.A recent rule change lets exchanges list certain commodity-based crypto ETFs without a separate regulatory review.

The U.S. Securities and Exchange Commission has asked crypto exchange-traded fund issuers to withdraw their 19b-4 filings, paving the way for a faster approval process after new rules removed a key regulatory hurdle, a person familiar with the matter told CoinDesk. Earlier this month, the SEC signed off on generic listing standards, which allow exchanges to list commodity-based exchange-traded products , including those tied to cryptocurrencies, without requiring a separate review for each one. These changes are expected to lower the regulatory hurdles for launching spot crypto ETFs. Historically, issuers had to work with exchanges to submit 19b-4 filings — formal requests to amend exchange rules — before an ETF could be listed. But under the updated framework, that step is no longer required for certain products. Issuers now only need to file an S-1, the document that details an ETF’s structure and strategy, to receive the SEC’s green light. “The SEC can move absurdly fast if they really want to — as we’ve seen in the past. Meaning that we could see approvals in a matter of days. But there’s no guarantee of that," said Bloomberg Intelligence ETF analyst James Seyffart. "They still haven’t greenlit Bitwise’s BITW to convert into an ETF which I’m guessing has to do with the first to file aspect that the SEC typically follows for the rest of the ETF industry. So perhaps they’ll will allow these things to launch in sorts of rolling waves or it could be a shotgun start by underlying asset." Over the past several months, asset managers have filed a growing list of spot crypto ETF proposals covering coins likeRemoving the need for 19b-4 forms could significantly speed up approvals. The 19b-4 route involved exchanges, such as Nasdaq or NYSE Arca, petitioning the SEC to change their own listing standards each time a new product was introduced — a process that often took months. Now, with the SEC’s updated stance, exchanges can list crypto-based ETFs that fall within the generic commodity ETP category without having to seek a rule change every time. This places the approval burden squarely on the S-1 filing, which remains under the SEC’s direct review. While it’s unclear how quickly the SEC will move on the outstanding S-1s, the change marks a shift in the agency’s approach to crypto markets — potentially opening the door for a wider range of digital asset funds to come to market with fewer regulatory delays.AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025 Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platform Stellar’s token rallied from $0.36 to $0.37 in a 24-hour window, fueled by dual breakout phases and explosive final-hour trading volume.XLM spiked twice within the 24-hour session — first at 22:00 on Sept. 28 and again at 13:00 on Sept. 29 — both supported by volumes exceeding 31 million units. Between 13:10 and 14:09 on Sept. 29, XLM surged 1.64%, breaking resistance at $0.366 as volume erupted past 1.9 million units. Stellar continues expanding banking partnerships in Southeast Asia while developing its Soroban smart-contract platform, drawing both institutional and retail interest.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

 

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Missouri Tigers Cruise to Victory, While SEC Rivals Shine in Week 5The Missouri Tigers secured a comfortable Week 5 win against UMass, setting the stage for their bye week. Meanwhile, the Southeastern Conference (SEC) saw impressive performances from teams like Ole Miss, Alabama, and Texas A&M. Other notable teams, including Florida State, TCU, and USC, faced defeats. This article provides a recap of the Tigers' game and highlights the results of teams on their upcoming schedule.
Read more »

Freeze's Job Security at Auburn Trending DownwardAfter two-straight SEC losses, Hugh Freeze's seat is quickly warming back up.
Read more »

SEC Power Rankings after Week 5: Big leap for TideSEC Power Rankings after Week 5: Big leap for TideAlabama got a big win and now makes a big jump in our post-Week 5 power rankings of the SEC.
Read more »

Crypto market steadies ahead of Litecoin, Solana, XRP, Dogecoin, and Cardano spot ETFs deadlinesCrypto market steadies ahead of Litecoin, Solana, XRP, Dogecoin, and Cardano spot ETFs deadlinesThe total cryptocurrency market capitalization remains steady at $3.8 trillion as of Monday's press time, following a 2.29% rise on Sunday.
Read more »

Quatrefoil Data Debuts to Build Benchmarks for Institutional Crypto ProductsQuatrefoil Data Debuts to Build Benchmarks for Institutional Crypto ProductsFirm introduces Ethereum staking benchmark as foundation for ETFs, derivatives, and credit markets.
Read more »

Two Cardano ETFs Might Set Stage for 'Uptober' ADA Rally: DetailsTwo Cardano ETFs Might Set Stage for 'Uptober' ADA Rally: DetailsNext few weeks "enormous" for spot crypto ETFs
Read more »



Render Time: 2026-04-01 18:04:58