The US SEC may be developing general listing standards for token ETFs

According to cryptocurrency journalist Eleanor Terrett, the US Securities and Exchange Commission (SEC) is coordinating with exchanges in the early stages of creating universal listing standards for token based ETFs, according to Foresight News. Eleanor Terrett revealed that if a token meets these criteria, the issuer may skip the 19b-4 process and submit an S-1 application directly, waiting for 75 days for the exchange to list directly. This simplified process is expected to save issuers and SEC a lot of paperwork and repeated communication costs. At present, the details of these listing standards are not yet clear, but market speculation may take into account market value, trading volume, and liquidity. The SEC spokesperson declined to comment on this.