#SECETFApproval #SECETFApproval
🚨 SEC Aiming to Simplify Cryptocurrency ETF Approval
The SEC is reportedly working on a new framework aimed at simplifying the approval process for cryptocurrency ETFs. Under the current system, exchanges must submit a 19b-4 form—initiating a lengthy review process that can take up to 240 days. The new rules, if implemented, could accelerate the listing of qualifying cryptocurrency products, bringing them closer to traditional ETF processes.
💡 Will this open the floodgates for institutional acceptance and increase market liquidity? Or could it pose new risks in a rapidly evolving space?