The US SEC is exploring universal listing standards for token-based ETFs

Odaily Planet Daily reported that crypto journalist Eleanor Terrett posted on X that the US SEC is exploring universal listing standards for token-based ETFs to streamline the approval process. Currently, the agency is coordinating with exchanges, and the idea is that if a token meets the standards, issuers can bypass the 19b-4 process and directly submit an S-1 filing. After waiting 75 days, the exchange can list the product. This approach could save both issuers and the SEC a significant amount of paperwork and time spent on repeated consultations. The specific listing standards are still unclear, but it is speculated that factors such as market capitalization, trading volume, and liquidity are being considered. A spokesperson for the US Securities and Exchange Commission declined to comment.