The United States Securities and Exchange Commission (SEC) has requested that spot crypto ETFs withdraw their 19b-4 filings. The U.S. SEC is ostensibly anticipating the fund managers seeking to offer spot Litecoin (LTC), XRP, Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) to withdraw their respective 19b-4 filings.
Why Has the U.S. SEC Requested Fund Managers to Withdraw Their 19b-4 Filings?
The U.S. SEC has requested that fund managers seeking to offer spot crypto ETFs withdraw their 19b-4 filings following its approval of the generic listing standards for commodity-based ETPs on September 17, 2025.
With the generic listing standards in place for crypto assets, the need for 19b-4 filings becomes void. As such, exchanges can list the crypto ETFs that meet the generic listing criteria to enhance uniformity..
Is It Good For Crypto?
Yes. The shift from 19b-4 filing to relying on generic listing standards will simplify and hasten the process of listing spot crypto ETFs. As Coinpedia reported earlier today, the final deadline for 16 spot crypto ETFs is by mid-October.
With the ongoing shift to generic listing standards, the listing of more than a dozen spot crypto ETFs is likely to happen in the subsequent days after the fund managers withdraw their Form 19b-4.
Bigger Picture
The imminent approval of spot altcoin ETFs in the United States will be a major milestone for the mainstream adoption of digital assets by institutional investors. As such, the macro outlook for crypto will remain bullish catalyzed by strong demand from institutional investors.
However, the crypto market may experience a mid-term pullback after the approval of spot altcoin ETFs next month. Furthermore, the ETF approval hype has induced some bullish hype and may deflate after the approval due to the sell-the-news scenario.
