Cboe Suggests Streamlining Crypto ETF Listing Process

On July 31, the Chicago Board Options Exchange (CBOE) submitted a new proposal suggesting that crypto ETFs that meet standardization requirements could skip the SEC's case-by-case approval process for automatic listing. The proposal states that if crypto assets have been traded in regulated markets for more than 6 months, the related ETFs would be eligible for listing. The proposal also sets requirements for staking ETFs, requiring a liquidity risk management plan when more than 15% of the ETF's assets are not immediately redeemable. [BlockBeats]