Cboe and NYSE Arca have proposed rule changes to the SEC that would allow certain crypto ETFs to be listed automatically, streamlining approval and aligning crypto ETF standards with traditional financial products.
-
Cboe BZX and NYSE Arca aim to reduce regulatory delays by enabling automatic listing of compliant crypto ETFs.
-
The proposal targets commodity-based crypto trusts like Bitcoin and Ethereum, with potential expansion to other digital assets.
-
COINOTAG sources highlight concerns about regulatory favoritism and the impact on broader crypto innovation.
Cboe and NYSE Arca propose faster crypto ETF listings by aligning with traditional ETF rules; learn how this could reshape digital asset markets.
How Will Cboe and NYSE Arca’s Proposal Change Crypto ETF Listings?
The proposal by Cboe and NYSE Arca seeks to amend listing standards to permit certain crypto ETFs to be listed without the SEC’s case-by-case review under Rule 19b-4. This change would align crypto ETF treatment with existing standards for equity and bond ETFs, allowing faster market entry for products tracking Bitcoin, Ethereum, and potentially other tokens like Solana or XRP.
