The US Securities and Exchange Commission (SEC) could soon approve spot exchange-traded funds (ETFs) for digital assets with a strong futures market presence.
Seyffart added:
“There’s nothing in there about market cap/size requirements. Underlying market liquidity. Float% requirements. Nada. All about futures markets for now. At least until a spot crypto exchange joins the ISG. Right now only ‘coinbase derivatives’ is a member from pure crypto standpoint.”
The rule would allow ETF issuers to list spot products for primary tokens with long-standing futures activity if finalized.
This alternative structure allows products to launch without needing a 19b-4 filing. Still, most issuers prefer the Securities Act of 1933 for spot ETFs, as it offers simpler compliance and more direct exposure.
