The U.S. Securities and Exchange Commission (SEC) recently announced an important regulatory trend regarding the listing standards for Crypto Assets exchange-traded products (ETPs). This initiative could have a profound impact on the Crypto Assets market.

According to the new exchange filing documents, any futures tracking Crypto Assets that have been listed on the Coinbase derivatives exchange for more than six months may be approved to become the underlying asset for a spot ETF. This regulation opens the door for more Crypto Assets to enter the traditional financial market.

It is worth noting that the new regulations also include relevant provisions regarding staking. The proposed rule 14.11(e)(4)(G) requires that if the immediately redeemable assets fall below 85%, the ETF issuer must implement a liquidity risk management plan to protect the interests of investors.

However, this regulation has not yet been finalized. The SEC will open a public comment period, expected to end within 21 days after publication in the Federal Register. This means that market participants will have the opportunity to provide suggestions and feedback on this important policy.

For those without futures contracts or emerging meme coins (like Bonk and Trump coin), if they wish to issue an ETF, they need to go through the more stringent '40 Act' review. In contrast, the '33 Act' has always been more popular in the market due to its purely spot nature.

This regulatory trend indicates that the SEC is working to establish a clearer framework for cryptocurrency ETFs, which could pave the way for the mainstream adoption of Crypto Assets. However, the specific implementation details and ultimate impact remain to be seen. Cryptocurrency projects and investors should closely monitor this development to prepare for potential market changes.