Proposed Rapid Approval Regulations for ETFs by #SECETF审批 , the Crypto Market May Welcome Changes

1. Policy Direction: The U.S. SEC plans to establish a new framework for rapid ETF approvals, with a draft to be released this month, aimed at simplifying the listing process for crypto spot ETFs.

2. Rule Breakthrough: The new regulations propose to allow exchanges to directly list compliant crypto ETFs according to a unified standard, replacing the traditional model of submitting 19b-4 documents one by one and undergoing a 75-day approval process.

3. Market Expectations: Analysts expect the new regulations to be implemented in September-October, at which point crypto asset ETFs are likely to see a wave of concentrated approvals.