#SECETFApproval
Reports indicate that the U.S. Securities and Exchange Commission (SEC) is working on developing a new framework to streamline approvals for cryptocurrency exchange-traded funds. Currently, exchanges must submit a Form 19b-4, which triggers a review period of up to 240 days. If this proposed framework is adopted, it will allow exchanges to list eligible products more efficiently, similar to traditional exchange-traded funds.
💬 Could this open the door wide for institutional adoption and increased liquidity? Or could it introduce new risks in a fast-moving market?
👉 Complete daily tasks in the Task Center to earn Binance points:
• Create a post using #SECETFApproval or $SOL,
• Share your profile as a trader,
• Or share a trade using the tool to earn 5 points!
(Press the "+" icon on the Binance app homepage and select "Task Center")
Activity period: from 2025-07-09 at 06:00 (GMT) to 2025-07-10 at 06:00 (GMT)