Analysis: New SEC guidelines allow crypto ETF issuers to expedite the effective date of their filings.

On November 14, Eric Balchunas, senior ETF analyst at Bloomberg, wrote that "the U.S. Securities and Exchange Commission (SEC) has issued new guidance that appears to allow issuers to expedite the approval process for filings in order to clear the backlog of pending projects as quickly as possible."

I suspect that cryptocurrency ETFs that haven't yet completed the 8a process will try to expedite the process. Bitwise's XRP ETF should be next in line.