U.S. Greenlights Generic Rules, Opening Door for Altcoin ETFs

The U.S. Securities and Exchange Commission (SEC) has approved generic listing standards that will allow exchanges to list crypto exchange-traded products (ETPs) without needing individual approval for each case. This change streamlines the process, enabling faster launches of spot crypto ETFs. According to Bloomberg the rule covers assets with a regulated futures market, such as those listed on Coinbase. Currently, around a dozen cryptocurrencies meet the requirement, including Bitcoin (BTC) and Ethereum (ETH) . SEC Chairman Paul Atkins called the move a step toward expanding investor choice and fostering innovation . The regulator also approved the Grayscale Digital Large Cap Fund and Bitcoin ETF options but delayed a decision on the Truth Social Bitcoin ETF. SOURCES U.S. Securities and Exchange Commission (SEC) – Official: sec.gov

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U.S. Greenlights Generic Rules, Opening Door for Altcoin ETFs

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