币界网报道：According to crypto journalist Eleanor Terrett, the SEC is reportedly working with exchanges to develop universal listing standards for token-based ETFs, which is still in the early stages. According to relevant sources, according to this idea, if a token meets the established standards, the issuer can skip the 19b-4 application process and directly submit an S-1 registration statement, wait 75 days, and then the exchange can list it. This method can save a lot of document exchanges and feedback for issuers and the SEC. It is not clear what these listing standards are, but some speculate that factors such as market value, trading volume and liquidity are all taken into consideration. The SEC declined to comment through a spokesperson.