SEC asks altcoin ETF issuers to withdraw 19b-4 filings

The U.S. Securities and Exchange Commission (SEC) has asked issuers of proposed ETFs for LTC, XRP, SOL, ADA, and DOGE to withdraw their 19b-4 filings, according to Eleanor Terrett, host of Crypto in America. She noted that the withdrawals could begin as early as this week. The request is linked to a new comprehensive listing framework. Previously, each cryptocurrency ETF required a separate SEC approval process for listing. Under the new system, however, ETFs that meet certain criteria can be listed without needing individual approval, making the current filings obsolete.