{"90ed401e37399ae32df154c6a3b4ab28":"The U.S. Securities and Exchange Commission (SEC) has asked asset managers to withdraw their individual exchange listing applications for several spot altcoin exchange-traded funds (ETFs). ","bae92b9fb0c3e4e1adbf19f7a4bdd5c2":"Following the agenda, this applies to products tracking tokens such as Solana (SOL) and XRP. The withdrawals are part of an administrative shift to move issuers under a generic listing framework recently approved by the SEC.","291c75cb83d153fbdd4fdc9e85d66a12":"A procedural change in ETF approvals ","b6efef39535164df8dd87d837adadeb1":"This request is not a rejection of the proposed funds. Instead, it follows the SEC\u2019s decision to allow certain crypto ETFs to be listed through a standardized process, replacing the prior case-by-case filings known as 19b-4 forms. The new framework removes the need for individual exchange rule change proposals, which previously added time to the review process.","c65c642fc97838452c1b666433152731":"Implications for issuers ","b2bfaea613b2c45bad26e0c34d15fc42":"Under the revised approach, exchanges can list crypto ETFs that meet predefined criteria without submitting separate 19b-4 filings. Issuers will now focus on completing their S-1 registration statements with the SEC. ","bf7405fccfd3b5eaa13c9a2549acb698":"The approval of these ETFs will depend on the clearance of the S-1 filings. Tokens potentially affected include Solana, XRP, Litecoin, Cardano, and Dogecoin. According to Eleanor Terrett, withdrawals could start happening as soon as this week. ","fc78c369bb1d5cba03f38e43f3e2585f":"Supporters of the update argue that it offers issuers a clearer and more consistent pathway, while others note that the impact will depend on how the S-1 reviews are handled. The development also connects to the SEC\u2019s broader policy agenda for digital assets and may influence the timeline for institutional crypto products.","f682eb10b2af5acb31a68c6a246e1311":"The change reflects ongoing regulatory adjustments as the SEC incorporates digital asset products into existing securities frameworks. In practical terms, attention now shifts from tracking individual 19b-4 deadlines to monitoring progress on S-1 registration statements, which remain the final step before potential market launch.","1d02dfc452f60b5a1afa460cac818010":"Also read: SEC Clears Grayscale\u2019s ETH ETFs Under New Generic Rules"}