Investor expectations for the launch of investment funds (ETFs) focusing on alternative cryptocurrencies (Altcoins) such as Ethereum and Ripple, among others, have led major regulatory bodies, most notably the U.S. Securities and Exchange Commission (SEC), to postpone approval requests for these funds until further notice. This decision comes amid concerns regarding severe market volatility and the immaturity of the regulatory framework governing this type of asset.
The authorities clarified that the decision aims to protect investors from risks of fraud or market manipulation, especially given the lack of clear mechanisms to monitor alternative currency networks compared to Bitcoin, which enjoys higher liquidity and broader regulatory interest. They also indicated the need to assess the impact of these funds on financial stability, particularly in light of the sharp fluctuations experienced by cryptocurrencies this year.
On the other hand, the delay has caused disappointment among a segment of investors who were expecting new liquidity to enter the "flipping" market, leading to a temporary decline in the values of some currencies by rates ranging from 3% to 8% over the past few hours. However, experts believe that the delay42153364723