Based on Cryptonews, the U.S. Securities and Exchange Commission (SEC) has instructed issuers of proposed spot ETFs for Litecoin, XRP, Solana, Cardano, and Dogecoin to withdraw their pending Form 19b-4 filings. The move follows the SEC’s approval of generic listing standards on September 18, which streamline the process for new crypto ETFs by eliminating the need for case-by-case rule changes. Under the new framework, exchanges can list crypto ETFs using predefined criteria, reducing approval timelines. Issuers now proceed directly with S-1 registration statements, and withdrawals of the 19b-4 filings are expected to begin this week. Over 92 crypto ETF applications remain under review, with several key decisions due in October and November.
SEC Asks Issuers to Withdraw Altcoin ETF Filings Amid New Generic Listing Standards
CryptonewsShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.