SEC Signals Imminent Crypto ETF Approvals as XRP Readies Breakout
The post SEC Signals Imminent Crypto ETF Approvals as XRP Readies Breakout appeared on BitcoinEthereumNews.com.
Generic Listing Rules Clear Faster Path for LTC, XRP, SOL, ADA & DOGE ETFs According to Fox Business journalist Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has asked issuers of Litecoin (LTC), XRP, Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) exchange-traded funds (ETFs) to withdraw their 19b-4 filings. This request follows the SEC’s recent approval of generic listing standards, which effectively replace the need for those filings with tithdrawals expected to start as early as this week. At first glance, the move might appear negative for pending crypto ETF applications. However, the reality is quite the opposite. The SEC’s approval of generic listing standards two weeks ago was designed to streamline the process. Traditionally, exchanges had to file individual 19b-4 forms to list ETFs tied to specific digital assets. This was often a lengthy process that added regulatory friction and created uncertainty for issuers and investors alike. By removing the need for these individual filings, the SEC has made it simpler and faster to bring crypto ETFs to market. Now, issuers only need to file an S-1 registration statement, which focuses on disclosure and investor protection. If a token meets the established criteria under the new standards, the SEC can approve an ETF at any time without waiting for previously set deadlines. As a result, this move could transform the crypto market, signaling the SEC’s shift toward a standardized ETF framework. By aligning digital asset ETFs with traditional processes, it cuts bureaucracy, saving issuers time and cost while accelerating investor access. Therefore, ETFs for top digital assets like LTC, XRP, SOL, ADA, and DOGE could arrive sooner than expected with XRP ETF approval rate already standing at 99%. This is because the SEC’s withdrawal requests aren’t rejections, they indicate a shift to streamlined rules, signaling a regulatory framework…
Filed under: News - @ September 29, 2025 7:27 pm