09.18.25

SEC Paves Way for Crypto Spot ETFs

by: Suzanne McGee

The U.S. Securities and Exchange Commission (SEC) approved new rules allowing national exchanges to adopt generic listing standards for cryptocurrency and other spot commodity exchange-traded funds (ETFs), removing the last regulatory hurdle for dozens of new crypto products. The changes streamline approval, reducing the maximum launch timeline from 240 to 75 days, and enable ETFs tracking assets like Solana and XRP to debut, likely in October. Previously, each filing required separate SEC review. SEC Chair Paul Atkins said the rules foster innovation and reduce barriers, while the Trump administration’s crypto-friendly stance contrasts with slower Biden-era approvals.

Read the full article on Reuters