🚨 Crypto ETF Issuers Push for a Fair Shot — “First-to-File” Rule in the Spotlight
🏛 VanEck, Canary Capital, and 21Shares have officially called on the SEC to reinstate the 'first-to-file' rule — a move that could reshape how crypto ETFs are approved in the U.S.
🔍 Why it matters:
🔹 These firms were early movers in filing for ETFs that go beyond just Bitcoin & Ethereum
🔹 The current approval process may sideline innovators who took the first leap
🔹 Restoring the rule would reward initiative and level the playing field
📊 As the ETF race accelerates in the crypto space, this appeal to the SEC could redefine how institutional access to emerging assets is structured.
