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Bloomberg Analyst Says Crypto ETFs Will Double After SEC Approves New Listing Rules
The US Securities and Exchange Commission (SEC) voted to implement “generic listing standards” for spot crypto ETFs, allowing Nasdaq, NYSE, and Cboe exchanges to fast-track new digital asset funds without the need for lengthy, case-by-case reviews. The SEC filing revealed that listing processes would be streamlined under Rule 6c-11, significantly reducing approval timelines, which have taken several months in the past. Bloomberg’s senior ETF analyst Eric Balchunas, in a post on X, welcomed the move, predicting the number of US crypto ETFs will double within a year as SEC barriers fall. “This is such a good ... (full story)
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