U.S. SEC guidance may speed up crypto ETF approval process

The SEC’s recent guidance may expedite the approval process for crypto ETFs. This follows the receipt of over 900 registration documents during the government shutdown, indicating a significant move forward in clearing backlogs.

Bitwise’s XRP ETF is highlighted by analysts as a likely strong contender for approval. If issuers skip delay clauses, their registrations will become effective in just 20 days, potentially increasing listings.