U.S. SEC May Establish Listing Standards for Cryptocurrency ETFs, Accelerated Reviews Anticipated

"Former Fox Business journalist Eleanor Terrett reported on the 2nd that the U.S. Securities and Exchange Commission (SEC) is moving to establish generic listing standards for ETFs based on cryptocurrency tokens," sources indicate. If a token meets certain criteria, ETF issuers may be able to omit the previously required Form 19b-4 application. It is suggested that merely submitting an S-1 registration statement and waiting 75 days could allow a securities exchange to list the ETF. This could streamline the process for both ETF issuers and the SEC...