As of 19 September, 2025, the SEC approved “generic listing standards” that let qualifying spot crypto ETFs list far more quickly. Previously, every product faced a lengthy dual Section 19(b) review by both the exchange and the issuer. Now, if a fund meets baseline criteria, such as having a regulated futures market tied to the underlying asset, exchanges can list it on an accelerated path. The change trims red tape, compresses timelines from many months to roughly 75 days, and lowers legal and compliance costs for issuers.