New SEC guidelines may accelerate the approval process for crypto ETFs.

The U.S. Securities and Exchange Commission (SEC) has issued new guidance that could expedite the approval timeline for crypto exchange-traded funds (ETFs). These updates come after a prolonged government shutdown that resulted in a backlog of over 900 registration filings. The SEC issued technical guidance outlining how issuers can proceed with ETF applications under Sections 8(a) and 461 of the Securities Act of 1933. Key changes that could accelerate the approval process include: the SEC's approval on September 17, 2025, of a common listing standard for commodity trust shares on Nasdaq, Cboe BZX Exchange, and NYSE Arca. This eliminates the need for each eligible crypto ETP to receive separate Section 19(b) approval. For filings submitted during the government shutdown, the guidance confirms that registration statements without extension provisions will automatically become effective 20 days later under Section 8(a). The new SEC directive allows issuers to choose automatic implementation or to formally request expedited implementation under Rule 461 for a faster listing. (cointelegraph)