šØ SEC ne Crypto ETF Approval Easy Kar Diya! šØ
š Key Changes
1ļøā£ Generic Listing Standards:
Exchanges jaise ke NYSE, Nasdaq, Cboe ko ab ek generic standard mila hai jiske tehat wo kuch qualifying crypto / commodity-based ETPs/ETFs list kar sekte hain bina har ek proposal ke liye alag se SEC se permission lene ke.
2ļøā£ Case-by-Case Review Hat Gaya:
Pehle har ETF application ko case-by-case SEC review se guzarna padta tha (Section 19(b) filing etc.). Ab agar proposal generic listing criteria ko meet karta hai, to woh process skip kia ja sektia hai.
3ļøā£ Approval Time Bahut Kam Hoga:
Jab criteria match karega, review/approval ka time ab ā~75 dinā (days) tak ho sakta hai, jo pehle ~240 din ya us se zyada lagte the.
4ļøā£ Diversification of Underlying Assets Possible:
Ab sirf Bitcoin ya Ethereum tak limited nahin: altcoins (jese Solana, XRP, Cardano) etc. bhi eligible ho sakte hain agar unke upar futures market ya regulated environment ho etc.
Even with streamlining, kuch disclosures aur regulatory standards maintained honge, jaise ki transparency, valuation, custody arrangements etc. #ETFs #ETFsApproval $XRP $SOL $ADA
Fed ne interest rateĀ 0.25 percentage pointĀ se cut kiya, ab target rangeĀ 4.00% ā 4.25%Ā hai.Ā
Yeh pahla rate cut hai since December 2024.
1ļøā£ Powell & Fed ke Comments (Future Cut ki Possibility):
šš¼ Powell ne kaha hai keĀ āmeeting-by-meeting basisāĀ pe decisions honge, matlab future cuts ka schedule nahi fix hai, sab data pe depend karega.
šš¼ Unhone labour market ki weakness pe emphasis kiya: job gains slow ho rahe hain, unemployment thoda sa upar ja raha hai. Yeh nishani hai ki downside risk employment ke liye badh gaya hai.
šš¼ Inflation abhi bhi āsomewhat elevatedā hai, matlab Fed ko inflation control karna hai lekin employment risk bhi dekhna zaroori hai.
2ļøā£ Kya 2025 mein aur Rate Cut ho sakte hain?:
šš¼ Haan, Fed officials ne projections meinĀ do aur rate cutsĀ is saal ke baaki hisso ke liyeĀ expect kar rahe hain.
šš¼ Lekin Powell ne clarify kiya hai ke woh āpossibilitiesā hain, guarantee nahin. Agar inflation wapas badh gaya ya koi aur negative surprise aya, toh cuts rok bhi diye ja sakte hain.
Kal crypto aur US stock market dono girti hui nazer ai, macro level pe Fed ke interest rate cuts ki uncertainty aur global liquidity pressure tha, jabke micro level pe crypto mein $15B options expiry aur profit-taking ne panic selling barha di. Stocks thora limited drop hue (fundamentals ka support tha), lekin crypto zyada volatile tha. Alibaba strong earnings aur naya AI chip le kar upar gaya, jo Nvidia ke liye China mein tough competition hai. Nvidia ke shares giray kyunke China restrictions, AI slowdown fears aur disappointing forecast ne sentiment ko weak kar diya. #MarketPullback $BTC
Powell ne apni speech (22 August, Jackson Hole) mein September 16ā17 ke Fed meeting mein rate cut ka raasta khola hai.
Unhone kaha keĀ employment risk barh raha hai, jab keĀ tariff-driven inflationĀ zyada dair tak rahegi nahiā sirf āone-offā adjustment ki ummeed hai.
Markets ne reacted kiaĀ ā stocks rally, rate-cut chances ā 85ā90%, yields gir gaye.
Fed cautious rahegi, aur poora faisla September mein ane waleĀ jobs aur inflation data ke basis par kiya jayega. #PowellWatch #CryptoRally $BTC $ETH $BNB
CPI data released and inflation unchanged 2.7%. What do you think guys, how much possibility to cut interest rate in September? Out of 100% #CPIWatch $BTC $ETH $XRP