The SEC evaluates to speed up processes for ETF requests based on cryptocurrencies: reports

At the rate of the high demand for these products, the Sec It could be considering expediting the process for future presentations. At the moment, there is no official confirmation by the agency.

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• The Sec Plan a faster process to approve ETF based on cryptocurrencies, eliminating complex procedures.
• This comes to place at the rate of the high demand for crypto investment funds.
• At the moment, the Sec He didn’t want to comment.
• The probability of ETF approval based on Altcoins as Solarium exceeds 90%, according to Bloomberg
  
• Grayscale converts its background GDLC in ETF regulated after dialogue with the Sec.

The US stock and securities commission (sec) It could be to implement changes towards the funds quoted in the stock market (ETF) based on cryptocurrencies, this at the rate of the large number of applications that have come throughout the last year, and the manifest interest between investors and administrators of financial products.

Mechanism to expedite requests

Various shared reports on social network X, including that of the journalist Eleanor Terrett, suggest that The agency is considering a mechanism to accelerate the approval process of these financial instruments, especially those related to digital assets.

The pressure has increased on the regulator since he assumed a new address and has received a wave of ETF crypt applications. Criticism for slowness in the process has intensified, which has led to the Sec to consider new strategies to relieve regulatory congestion.

In this regard, Terrett said the SEC “is found in the early stages of creating a generic contribution standard for ETF based on tokens in coordination with the bags”, And he added:

As I have been told, the idea is that if a Token meets the criteria, the emitters could omit the 19B-4 process, present an S-1 form, wait 75 days and the exchange platform could include it. This approach could save the emitters and the SEC a lot of paperwork and discussions about comments.

Although the specific details of the standard have not yet been made public, Terrett indicated that elements such as market capitalization, volume of operations and liquidity will be under analysis. This measure, even in an early phase, could significantly reduce bureaucracy and regulatory costs for emitters.

The Sec, However, he has refused to issue these alleged plans.

Probabilities in favor of the ETF crypt

Reports on these alleged plans of the Sec They come to place in the midst of notorious interest and demand for cryptocurrency -based investment products, this after the arrival of the ETFs Bitcoin and Ethereum In 2024, despite the fact that the agency did not have such an open perspective about this type of products for that time.

After the success of the funds based on BTC and Eth, Applications began for funds based on other Altcoins. The former took into account Solarium despite the approach of the Sec Under the direction of Gary Gensler, but once he left his position after the arrival of Trump, the Altcoins arch for quoted funds expanded significantly.

With applications for products based on SOL, XRP, AVAX, ADA, LTC, HBAR, DOGEand even memecoin Trump, A survey presented weeks ago estimates that the Sec He has more than 70 presentations under study, to which he must give an official verdict before closing 2025.

In the midst of high demand, analysts of Bloomberg, Eric Balchunas and James Seyffart estimate that most ETF crypt under study have at least 90% probability of being approved. The thesis is based on the new direction of the Sec And the change seen towards the digital asset sector, since it has closed processes against ecosystem companies and is establishing dialogues to design appropriate regulations.

Recently, the SEC approved the application for ETF crypt submitted by Grayscale, which is based on a set of cryptocurrencies among which they stand out BTC, ETH, SOL, ADA, XRP and many others. This would be the first product approved by the regulator based on Altcoins, which paves the path for approval to other funds waiting as a verdict.

For now, it only remains to wait and see what will be the next steps of the Sec To expedite processes, since demand and interest in crypto products does not seem to decrease in the short term.

Article written by a content editor. Edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain

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