CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-07-07 14:30:00

SEC Fast-Tracks Solana, XRP ETF Approval With New Crypto Rule

SEC may replace the 240-day 19b-4 process with a 75-day unified rule for spot crypto ETF approvals. New listing guidance released July 2, with a broader framework expected by early autumn. Solana likely leads the next batch of ETF approvals; some firms are launching workaround products in the meantime. The U.S. Securities and Exchange Commission (SEC) is preparing a standardized rule to simplify the listing of spot crypto ETFs. The move comes as applications tied to cryptocurrencies such as Solana, XRP, Dogecoin, Polkadot, and the Trump meme coin await final approval. The updated framework aims to replace the current case-by-case approach, which relies on the 19b-4 exemption process. That process often delays ETF launches by as much as 240 days . Under the new system, the SEC could reduce the timeline to around 75 days by applying a single, general rule to all listings. A senior executive at one ETF issuer told Reuters the SEC and exchanges are still negotiating the final language. Once finalized, exchanges are expected to submit filings under the unified structure within days or weeks. Plain-English Guidance Released, Second Phase Expected by Autumn… The post SEC Fast-Tracks Solana, XRP ETF Approval With New Crypto Rule appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.