SEC Unveils Faster Path for Spot Crypto ETFs

SEC Unveils Faster Path for Spot Crypto ETFs

On September 18, 2025, the U.S. Securities and Exchange Commission (SEC) approved major rule changes that simplify how spot cryptocurrency ETFs are listed. Exchanges like NYSE, Nasdaq, and Cboe Global Markets can now use generic listing standards instead of the old case-by-case dual-filing requirement. This reduces approval time dramatically—from up to 240 days to as few as 75.

This shift opens the door for more cryptocurrencies beyond Bitcoin and Ethereum—think Solana, XRP, etc.—to be listed as spot ETFs. Industry experts call it a regulatory turning point, believing many new ETF products could hit the market by October 2025. Still, there are hurdles: exchanges and asset managers need to align with the SEC’s operational and legal expectations under this new framework.