The Chicago Board Options Exchange (CBOE) proposed to simplify the listing process for cryptocurrency ETFs

ChainCatcher news, the Chicago Board Options Exchange (CBOE) has submitted a new proposal to the U.S. Securities and Exchange Commission (SEC) suggesting the implementation of an "automatic listing" mechanism for cryptocurrency ETFs that meet specific criteria. According to the proposal, if a crypto asset has been traded on a regulated market for futures for more than 6 months, the relevant ETF can skip the SEC's case-by-case approval process and list directly.

The proposal also sets specific requirements for staking-based ETFs, stating that when more than 15% of the fund's assets are not immediately redeemable, a liquidity risk management plan must be established. This move may benefit assets that rely on staking mechanisms, such as Solana and Cardano.