#TradingMistakes101 ⚖️ VanEck, 21Shares and Canary Demand SEC Restore Fairness in ETF Approval

❗️The three largest crypto players — VanEck, 21Shares, and Canary Capital — have officially appealed to the SEC to restore the first-to-file principle: to approve ETF applications strictly in the order they are submitted.

💥 According to them, the current practice of manually selecting 'favorites' creates artificial advantages, hinders innovation, and monopolizes the market.

📉 What is at risk:

— equal access to the stock market;

— the development of ETFs on Solana, XRP, and ETH staking, whose applications are being delayed without explanation;

— the motivation to develop cutting-edge crypto products.

📌 If the SEC continues to 'designate winners,' the market risks turning into a field for lobbyists rather than competition.

Returning to a transparent review process is not just bureaucracy, but a foundation for a fair and growing crypto market.