Cboe and NYSE Arca file rule-change applications with the SEC to streamline crypto ETF listing process

Cboe and NYSE Arca have submitted rule change applications to the U.S. Securities and Exchange Commission (SEC) to allow crypto fund issuers to list products under a unified framework, without having to apply for separate approval for each new crypto ETF. Currently, exchanges are required to submit Form 19b-4 for each new crypto ETF and undergo lengthy review. If the new rules are passed, it will further accelerate the launch of crypto ETF products. [Cointelegraph]