Analyst: The US SEC has introduced a universal listing standard for crypto ETPs, with about a dozen crypto assets meeting the criteria

ChainCatcher news, according to Bloomberg senior ETF analyst Eric Balchunas, the U.S. Securities and Exchange Commission (SEC) has released a general listing standard for cryptocurrency ETPs through the latest exchange filings. According to the standard, cryptocurrencies with more than 6 months of futures trading track records on Coinbase's derivatives exchange will be allowed to be included in ETPs.

Currently, there are about a dozen eligible crypto assets, which aligns with the mainstream cryptocurrencies that had previously been expected to have an approval probability of over 85%. Regarding the specific approval timeline, Balchunas indicated it could be in September or October of this year.