On September 17, 2025, the SEC approved generic listing standards for exchange-traded products that hold spot commodities, including digital assets. This landmark decision, led by Chairman Paul S. Atkins, is intended to streamline the listing process and foster innovation by providing regulatory clarity and certainty. Exchanges can now bring new digital asset products to market without having to submit a separate rule change for each one, which helps maximize investor choice. The approval of specific products, such as the Grayscale Digital Large Cap Fund and options on Bitcoin indexes, demonstrates the SEC's commitment to integrating digital assets into America's trusted capital markets and supporting a new phase of financial product development.