🚨 BREAKING: SEC Moves Closer to Altcoin ETFs
The SEC has released new "Listing Standards" for crypto ETPs through an exchange filing.
◾️ Any crypto with 6+ months of futures trading on Coinbase Derivatives could now be eligible.
◾️ According to Bloomberg’s Eric Balchunas, multiple altcoin ETFs may get the green light by September or October.
A big step forward for crypto adoption.