Crypto Firms Urge SEC to Expedite ETF Reviews; Grayscale Demands 45-Day Response Commitment

Multiple cryptocurrency companies are lobbying the U.S. Securities and Exchange Commission (SEC) to accelerate the ETF review process and permit the submission of confidential draft filings. Grayscale has explicitly requested a commitment from SEC staff to provide responses within 45 days. However, Jane Street and Charles Schwab have expressed reservations, citing concerns regarding the rushed listing process and the confidential filing mechanism.