Capitol Armory sent out a notice of the shortened approval times for some individual Form 4 applications. The notice included the following concerning trusts:
We've been told the ATF will process trust applications in the same way as individuals soon.
This most likely will be limited to industry-standard trusts with a single responsible party. The idea behind this is still one background check, and if the trust is commonly reviewed, there is less need for a legal examiner's time. Ultimately, this means they would treat trust applications with one responsible person like individual applications.