- SEC alters ETF filing requirements, enhancing access to capital.
- Spot ETFs for five cryptocurrencies affected.
- LTC, XRP, SOL, ADA, DOGE involved in policy change.
The US SEC has asked issuers of LTC, XRP, SOL, ADA, and DOGE ETFs to withdraw their 19b-4 filings as a result of regulatory changes favoring a streamlined approval process. Affected crypto ETFs can now list under generic commodity ETP standards.
The US SEC has instructed issuers of Litecoin, XRP, Solana, Cardano, and Dogecoin spot ETFs to withdraw 19b-4 filings, transitioning to a streamlined approval process as of late September 2025.
The change impacts the approval process for cryptocurrency assets and may expedite market entry for related ETFs, though it currently lacks specific feedback from involved parties.
The US SEC has recently ended the requirement for 19b-4 filings for certain digital asset ETFs, such as Litecoin, XRP, Solana, Cardano, and Dogecoin, according to recent regulatory updates. This policy shift aims to simplify the process for launching spot crypto ETFs.
โUnder new standards, only an S-1 registration is required; the need for 19b-4 filings is removed for eligible products.โ โ U.S. SEC (official statement)
Involved in these adjustments are the SEC, major US exchanges, and asset issuers. The SECโs decision provides a streamlined path, benefiting LTC, XRP, SOL, ADA, and DOGE, as only S-1 registration is now required. The financial industry observes implications as this change potentially enhances US institutional capital access. While immediate funding effects are unclear, the regulatory shift presents significant potential for new capital streams in the crypto ETF market.
With institutional access potentially broadened, investors anticipate strategic market advantages. The decision reflects a broader SEC trend since January 2024 when similar changes facilitated Bitcoin spot ETF approvals, possibly predicting expanded accessibility for altcoin ETFs.
This regulatory progression follows previous generic listing standards, emphasizing eligibility over 19b-4 rule changes. Experts anticipate a coordinated market response as industries adapt to these regulatory alterations and potential opportunities arise.
Market stakeholders continue to await further data release to assess impacts and strategically position within the evolving regulatory landscape. Cryptocurrency communities remain alert to developments and related asset pricing dynamics.