#SECETF审批

If the new framework is implemented, it will significantly lower the listing threshold for cryptocurrency ETFs, attracting institutions to enter through compliant products, bringing in incremental funds and liquidity, and promoting market expansion. However, the high volatility of the crypto market and the lag in regulation still exist, and rapid approvals may lead to inadequate risk control for some products, compounded by risks such as market manipulation. It is necessary to remain vigilant about the contradiction between short-term speculative overheating and long-term risk accumulation.