"After years of slow progress and periodic regulatory pauses, the US Securities and Exchange Commission has released new guidelines that may speed up the approval timeline for cryptocurrency exchange-traded funds (ETFs). These updates follow an extended, record-long government shutdown that halted progress on more than 900 pending registration filings across financial markets. As federal operations resumed, the SEC issued technical guidance outlining how issuers can advance ETF applications under Sections 8(a) and 461 of the Securities Act of 1933."
"The SEC introduced new post-shutdown guidelines that explain how registration statements, including crypto ETF filings, progress through Sections 8(a) and 461 of the Securities Act. Generic listing standards approved in September 2025 removed the need for individual 19(b) approvals for qualifying crypto ETPs. The government shutdown created a backlog of more than 900 filings, pushing issuers to rely on the automatic 20-day effectiveness mechanism under Section 8(a). The new SEC instructions allow issuers to choose between automatic effectiveness or requesting accelerated effectiveness under Rule 461 for faster launches."
New SEC post-shutdown guidelines clarify how registration statements, including crypto ETF filings, advance under Sections 8(a) and 461 of the Securities Act of 1933. A record-long government shutdown created a backlog of more than 900 pending registration filings, delaying review and prompting issuers to rely on the automatic 20-day effectiveness under Section 8(a). Generic listing standards approved in September 2025 removed the need for individual Section 19(b) approvals for qualifying crypto ETPs. The SEC now allows issuers to choose automatic effectiveness or request accelerated effectiveness under Rule 461 to enable faster launches, potentially shortening approval timelines for new crypto ETFs.
Read at Cointelegraph
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