The U.S. Securities and Exchange Commission quietly flipped a switch. It approved generic listing standards that eliminate one of the biggest regulatory bottlenecks for crypto ETFs. In effect: exchanges no longer need to file a separate Form 19b-4 for each token ETF. The SEC is saying: “If it fits, list it.” Analysts are calling this a watershed moment. It signals that the new framework is working as intended. What Changed, The Old vs. New Before: every single crypto ETF needed its own 19b-4 application. That meant months of back-and-forth, legal wrangling, uncertainty. Now: if the token meets the generic standard,
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