SEC HAS PUBLISHED GUIDANCE TO ESTABLISH CLEARER REGULATIONS FOR CRYPTO INVESTMENT FUNDS.

🇺🇸 SEC HAS PUBLISHED GUIDANCE TO ESTABLISH CLEARER REGULATIONS FOR CRYPTO INVESTMENT FUNDS.

⭐️ This guide aims to help fund managers understand how to seek approval for crypto ETF funds and is expected to expedite the launch of new products as there are currently too many ETFs awaiting management decisions.

⭐️ To be approved, issuers must clearly explain (in simple language) the specific points of crypto ETFs, such as how to custody assets and the specific risks involved.

⭐️ A second, more important document will be published and is expected to include a new listing template so that exchanges do not need to file separately each time they want to list a new crypto product.