Crypto Firms Press SEC for Faster ETF Reviews and Confidential Filings

Crypto firms are pushing for faster reviews and more private early-stage filing options from the U.S. Securities and Exchange Commission (SEC) on novel exchange-traded funds (ETFs).

The debate has exposed a split across the ETF industry, with some market participants warning that quicker approvals and broader confidentiality could reduce scrutiny and weaken launch preparation.

Grayscale and 21Shares are urging the SEC to allow confidential draft ETF registrations and require agency staff responses within 45 days to deter copycat filings.

A16z and other crypto firms advocate for shorter, electronic SEC ETF review timelines without lighter regulatory scrutiny, while Multicoin Capital seeks to permit staking receipt tokens in spot crypto ETPs.