#SECETFApproval

Reports indicate that the U.S. Securities and Exchange Commission (SEC) is working on developing a new framework to streamline approvals for exchange-traded funds for cryptocurrencies. Currently, exchanges must submit a Form 19b-4, which triggers a review period of up to 240 days. If adopted, the proposed framework would allow exchanges to list eligible products more efficiently, similar to traditional exchange-traded funds.

💬 Could this pave the way for institutional adoption of these funds and increase their liquidity? Or could it introduce new risks in a fast-moving market?