Cboe Bitcoin U.S. ETF Index and its mini version
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SEC Makes Spot Crypto ETF Listing Process Easier, Approves Grayscale's Large-Cap Crypto Fund
Yahoo Finance· 2025-09-17 23:03
Core Points - The U.S. SEC has approved rules for exchanges to list exchange-traded products (ETPs) holding spot commodities, including cryptocurrencies, without requiring individual review for each listing [1][2] - This decision streamlines the listing process, allowing ETF issuers to propose products directly to exchanges, which can proceed with listing if the proposed strategy meets generic listing standards [2][3] - SEC Chairman Paul Atkins emphasized that the new rules aim to reduce barriers for accessing digital asset products in regulated U.S. markets [2][3] Industry Impact - The approval of generic listing standards is expected to facilitate a wave of spot-based altcoin ETFs entering the market, which have been awaiting regulatory approval [5] - Analysts and industry leaders express optimism about the SEC's decision, viewing it as a significant step towards enhancing access to digital assets for U.S. investors [5] - The SEC's actions, including the approval of the Grayscale Digital Large Cap Fund and options tied to the Cboe Bitcoin U.S. ETF Index, broaden the range of crypto-linked derivatives available in regulated markets [3][4]