SEC Cuts Altcoin ETF Approval Timeline to 75 Days for SOL, XRP and DOGE
- —Review timeline cut from 240 days to about 75 days
- —Eligibility: 6 months of CFTC futures, ISG market, 40% existing ETP exposure
- —SOL funds hold $1.4B, XRP funds $1.68B in net assets
- —More than 100 new crypto ETP filings are in preparation
Why it matters: Faster listings could channel institutional capital into SOL, XRP and DOGE and broaden the supply of regulated spot products.
Source: Coinpaper