As per Coincu, the SEC has removed the requirement for 19b-4 filings, accelerating the approval process for spot crypto ETFs. This change allows exchanges to rely on generic listing standards, eliminating a key administrative hurdle. Issuers of ETFs tied to ADA, LTC, DOGE, SOL, and XRP have been asked to withdraw their pending 19b-4 submissions. The adjustment could lead to faster approvals and reshape expectations for traders and asset managers.
SEC Streamlines Spot Crypto ETF Process by Removing 19b-4 Filings
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