Grayscale Ethereum ETFs Approved for Generic SEC Standards but Oversight Remains in Place

SEC shifts Grayscale’s Ethereum ETFs to generic listing rules, cutting future approval delays.

New framework aligns ETH ETFs with commodity trusts, while SEC keeps 60-day suspension power.

Analysts say the move may pave the way for altcoin ETFs, though Cardano’s fund faces delayed review.

The U.S. Securities and Exchange Commission has approved a rule change for Grayscale’s Ethereum ETFs, shifting them to generic listing standards. The notice, issued on September 23, allows the funds to continue trading without case-by-case approvals. This adjustment is part of the SEC’s broader policy shift toward crypto-based financial products.

SEC Approves Rule Change for Grayscale Ethereum ETFs

The U.S. Securities and Exchange Commission has approved NYSE Arca’s request to move Grayscale’s Ethereum Trust ETF and Mini Trust ETF to a generic listing standard. The notice was issued on September 23, confirming that the rule change takes effect immediately.

Both products were previously approved under bespoke orders earlier this year. By transitioning to the generic framework, the funds can now continue trading without requiring separate approvals for future listings

This change brings the ETFs in line with other commodity-based trust shares already operating under the streamlined standards. Acting quickly, the SEC waived the usual 30-day delay period, stating the change was consistent with investor protection and the public interest.

Broader Policy Shift and Market Response

NYSE Arca argued that the new framework would make trading Ethereum products more transparent and efficient. The exchange explained the change “will remove impediments to and perfect the mechanism of a free and open market.” The SEC agreed, though it retained authority to suspend the rule change within 60 days if necessary.

ETF analysts said the shift reflects broader adjustments by the regulator. Bloomberg’s James Seyffart noted the standards could create space for new spot crypto ETFs, including altcoin products awaiting clarity. The SEC also confirmed that accelerated approval timelines will apply to more crypto ETFs such as those linked to XRP, SHIB, and HBAR

Yet, not all digital asset funds are moving as quickly. The SEC recently delayed a decision on Grayscale’s Cardano ETF, showing that reviews still vary across assets. The Ethereum ETFs now operate under the same rules as other commodity-based trust shares. According to NYSE Arca, this eliminates unnecessary delays, reduces regulatory burdens, and ensures continued oversight against fraud and manipulation.

The post Grayscale Ethereum ETFs Approved for Generic SEC Standards but Oversight Remains in Place appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.