🚨 SEC Pushes for New Path on Crypto ETFs! 🚨
The U.S. SEC has officially approved generic listing standards for commodity-based ETFs — including cryptocurrency ETFs 🪙.
✅ This means:
Exchanges can now list certain crypto ETFs faster ⏩ without the long, complex 19b-4 approval process.
Products must still meet eligibility criteria (like CFTC-regulated futures contracts 📑).
📰 Multiple reports confirm:
The SEC has asked issuers of XRP, LTC, SOL, ADA, and DOGE ETFs to withdraw their 19b-4 filings.
These will likely be re-filed under the new streamlined framework ⚡.
🌐 Analysts believe this could unleash a wave of new spot crypto ETFs into the market — potentially sooner than expected! 📈
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⚠️ Disclaimer:
This post is for information and educational purposes only. It does not constitute financial advice. Always DYOR (Do Your Own Research) before making investment decisions.