The SEC has introduced a new Generic Listing Standards framework for cryptocurrency exchange-traded products (ETPs), enabling any crypto asset with futures contracts trading on designated markets for six months to qualify for ETF approval. This move is expected to accelerate approvals for leading tokens like Bitcoin, Ethereum, Solana, XRP, and others by October. The streamlined process reduces traditional regulatory hurdles, supports in-kind redemption mechanisms, and signifies growing institutional interest, as evidenced by significant inflows into Bitcoin and Ethereum ETFs. With 72 pending crypto ETF applications and expanding corporate treasury adoption, the SEC's updated standards are set to broaden the crypto ETF landscape and enhance investment accessibility.
Continue to read SEC Unveils New Crypto ETF Guidelines: Multiple Major Tokens Poised for Approval by October
The SEC has introduced a new Generic Listing Standards framework for cryptocurrency exchange-traded products (ETPs), enabling any crypto asset with futures contracts trading on designated markets for six months to qualify for ETF approval. This move is expected to accelerate approvals for leading tokens like Bitcoin, Ethereum, Solana, XRP, and others by October. The streamlined process reduces traditional regulatory hurdles, supports in-kind redemption mechanisms, and signifies growing institutional interest, as evidenced by significant inflows into Bitcoin and Ethereum ETFs. With 72 pending crypto ETF applications and expanding corporate treasury adoption, the SEC's updated standards are set to broaden the crypto ETF landscape and enhance investment accessibility.
Continue to read SEC Unveils New Crypto ETF Guidelines: Multiple Major Tokens Poised for Approval by October
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