The U.S. Securities and Exchange Commission has approved new generic listing standards that ease entry for crypto spot ETFs on major exchanges like Nasdaq, NYSE Arca and Cboe. Under the updated rules, fund issuers no longer must seek individual rule-changes for each crypto ETF, instead using a standardized process. The first multi-crypto ETF under this regime, holding Bitcoin, Ether, XRP, Solana and Cardano, has already been green-lit. Industry observers expect a wave of fresh crypto ETFs to hit markets starting October 2025.