cryptoetfregulation

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U.S. SEC Requests Multiple Cryptocurrency ETFs to Withdraw Their Application Filings

In late September 2025, the U.S. Securities and Exchange Commission (SEC) directed issuers of various cryptocurrency ETFs, including those linked to altcoins like Litecoin (LTC), XRP, Solana (SOL), Cardano (ADA), and Dogecoin (DOGE), to withdraw their existing 19b-4 filings. This move is part of a major regulatory shift aimed at simplifying the process for launching crypto ETFs. Under new SEC rules, exchanges can now list commodity-based cryptocurrency ETFs using generic listing standards, removing the need for time-consuming, case-by-case approvals.

Rather than signaling rejection, this step represents a procedural update to align issuers with the streamlined system. Industry experts believe this change could significantly speed up the approval process, potentially leading to a rapid expansion of crypto ETFs beyond Bitcoin and Ethereum. This marks a pivotal moment for the U.S. crypto market as it moves toward greater institutional adoption and regulatory clarity.

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