The SEC is collaborating with exchanges on a fast-track approval process that may allow some ETFs to bypass the traditional 19b-4 rule change process

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This framework could allow certain token-based ETFs to bypass the traditional 19b-4 rule change process.
Meanwhile, podcaster Eleanor Terrett reported the U.S. Securities and Exchange Commission is exploring ways to streamline crypto exchange-traded fund applications to forgo the required 19b-4 filing.