SEC approves major exchanges to speed up ETP listing

The U.S. Securities and Exchange Commission (SEC) has approved the acceleration of the listing process for the Chicago Options Exchange (CBOE), Nasdaq and New York Stock Exchange (NYSE) exchange-traded products, shifting regulatory responsibilities to exchanges, and accelerating the listing of ETPs in digital assets such as Bitcoin. This move is expected to increase institutional participation and market liquidity by simplifying access to cryptocurrency-related financial products.