"SEC Paves Way for Spot Crypto ETFs, Approves Grayscale's Large-Cap Fund"

SEC Simplifies Path for Spot Crypto ETF Listings, Approves Grayscale's Large-Cap Fund The US Securities and Exchange Commission (SEC) has taken a significant step towards increasing accessibility of digital assets in the regulated market by streamlining the listing process for spot cryptocurrency exchange-traded funds (ETFs). According to an announcement made on September 17, 2025, the SEC approved generic listing standards that allow exchanges to list commodity-based exchange-traded products, including cryptocurrencies, without individual reviews. This move eliminates the need for lengthy 19(b) rule filings, which can take up to 240 days, enabling faster listing of proposed ETFs. The decision is expected to boost investor access to cryptocurrency-based products and drive innovation in the digital asset space. "This move opens the way for exchanges to list spot digital asset-backed funds without the case-by-case approval of the regulator," said SEC Chairman Paul Atkins. The new policy aims to reduce barriers to access digital asset products in a regulated manner, according to Atkins. The SEC's approval also includes Grayscale's large-cap crypto fund, marking a significant step towards increased accessibility of digital assets in the regulated market. This move is seen as a major development for the cryptocurrency industry, which has been pushing for greater regulatory clarity and easier access to traditional financial markets. According to CoinDesk, the new policy will allow exchanges to list spot digital asset-backed funds without individual reviews, making it easier for investors to gain exposure to cryptocurrencies through regulated products. The decision is expected to have a significant impact on the cryptocurrency market, with many experts predicting increased adoption of digital assets in the coming months. The SEC's move is seen as a positive development by industry insiders. "This is a major step forward for the cryptocurrency industry," said an expert who wished to remain anonymous. "Regulatory clarity and ease of access are crucial for mainstream adoption, and this decision will help drive innovation and growth in the digital asset space." In related news, Grayscale's large-cap crypto fund has been approved by the SEC, marking a significant step towards increased accessibility of digital assets in the regulated market. The approval is seen as a major development for the cryptocurrency industry, which has been pushing for greater regulatory clarity and easier access to traditional financial markets. The current status of the new policy is that it will take effect immediately, allowing exchanges to list spot digital asset-backed funds without individual reviews. The SEC's decision is expected to have a significant impact on the cryptocurrency market, with many experts predicting increased adoption of digital assets in the coming months. In conclusion, the SEC's decision to simplify the path for spot crypto ETF listings and approve Grayscale's large-cap fund marks a significant step towards increasing accessibility of digital assets in the regulated market. The new policy is expected to boost investor access to cryptocurrency-based products and drive innovation in the digital asset space. This story was compiled from reports by CoinDesk and CoinDesk.