The U.S. Securities and Exchange Commission is inviting public input on changes to its approach for novel exchange-traded funds, including those focused on Crypto assets.
The agency issued a 60-day request for comments on its automated system for activating ETFs and related policies. The move responds to market evolution and growth in the sector.
SEC Chairman Paul Atkins said in a statement that innovation in exchange-traded funds depends on a consistent, transparent, and efficient regulatory framework. He added that the commission seeks input on how the U.S. ETF market can continue to grow and innovate while serving investors effectively.
The ETF market has expanded from $4 trillion in 2019 to $12 trillion in 2025 under the current process, which allows qualifying funds to list without exemptions. Analysts note the request could support broader asset classes such as Crypto, event contracts, and single-stock strategies.
The SEC also asked about whether ETFs with strategies focused on non-securities qualify as investment companies under the Investment Company Act.