Bloomberg ETF Analyst: Futures-Based ETPs on Certain Exchanges Are Automatically Approved After Six Months, Expected to Launch Between September and October

According to a report by Jinse Finance, Bloomberg ETF analyst Eric Balchunas stated that the US SEC has approved new exchange proposals outlining listing standards for crypto ETPs. Under these standards, any crypto asset with futures listed on a derivatives exchange for more than six months will automatically qualify for listing. Currently, there are about a dozen major crypto assets that meet these criteria, which is largely consistent with Bloomberg’s previous list predicting an approval rate of over 85%. However, the actual implementation timeline remains uncertain, with expectations focused between September and October this year.