SEC Drops 19b-4 Filings, Speeds Up Spot Crypto ETF Decisions

The SEC has accelerated the path for spot crypto ETFs after removing the need for 19b-4 filings. This adjustment could allow approvals to arrive much sooner, reshaping expectations for traders and asset managers. Reporter Eleanor Terrett noted that issuers of ETFs tied to assets such as ADA, LTC, DOGE, SOL, and XRP were asked to withdraw their pending 19b-4 submissions. This follows the SEC’s approval of generic listing standards two weeks ago.