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    Alp Gasimov
    Alp Gasimov
    Oct 30, 2025, 08:53
    Updated at: Oct 30, 2025, 08:53

    The commissioner said streamlined standards are designed to speed product approvals while keeping investor risk in focus.

    SEC Commissioner Hester Peirce told TheStreet Roundtable that the agency’s new generic listing standards for crypto exchange-traded products (ETPs) were designed to bring order and predictability to a process long mired in uncertainty. “That really was an answer to the sort of chaos that had surrounded our approval of Bitcoin exchange traded products,” Peirce said, recalling years of rejections before court rulings forced the SEC to approve Bitcoin ETFs. The new framework allows exchanges to list crypto ETPs automatically if they meet pre-set criteria — such as ties to regulated futures markets or surveillance-sharing agreements — replacing the slow, case-by-case approach used for Bitcoin and Ether. Alongside the rule change, the SEC approved the first spot ETFs for XRP and Dogecoin, marking the first expansion of ETP approvals beyond the two largest cryptocurrencies. Read more here.