💥💵SEC Approves Generic Listing Standards for Crypto ETPs, Accelerating Market Access💥💥
The SEC's approval of generic listing standards for commodity-based trust shares on September 17, 2025, enables exchanges like Cboe BZX, Nasdaq, and NYSE Arca to list crypto exchange-traded products (ETPs) such as the Grayscale Digital Large Cap Fund without requiring individual SEC approval, significantly speeding up the process.
This move departs from the prior cautious regulatory approach evidenced by the SEC's 2024 approval of the first Bitcoin ETPs after extensive review. Led by SEC Chairman Paul S. Atkins, a crypto innovation supporter, the new framework uses objective token qualification criteria instead of case-by-case decisions. It responds to increased public interest in crypto investing—highlighted by a 2025 Aviva survey showing 27% of adults considering crypto for retirement and an 11.6 million crypto ownership base—and aligns with global trends, including planned U.S.-UK cooperation on crypto regulation to facilitate mainstream adoption.
