#SECETFApproval The SEC is the First Step Towards the Regulations Governing Cryptocurrency ETFs.

The SEC is moving towards a new framework for cryptocurrency ETFs.

The guidance is the latest major change in how regulators approach crypto assets.

The measures set the stage for a wave of new crypto products.

July 7 (Reuters) - The new guidelines from the U.S. Securities and Exchange Commission (SEC) regarding disclosure requirements for exchange-traded products linked to cryptocurrencies.

marked the first step towards the approval of dozens of applications for ETFs linked to everything from Solana and XRP to the meme coin named after President Donald Trump.