#SECETFApproval #SECETFApproval
The U.S. Securities and Exchange Commission (SEC) issued a new unified framework in July 2025 to accelerate the approval of exchange-traded funds (ETFs) for digital currencies, reducing the approval period from about 240 days to just 75 days, facilitating the listing of funds such as Bitcoin, Ethereum, and alternative currencies like Solana, XRP, and Litecoin. The new framework includes clear disclosure requirements regarding custody, storage, risks, and redemption, with high expectations for the approval of major digital currency funds exceeding 90%. This move enhances institutional adoption of digital currencies, expands investment options, and increases market liquidity, representing a significant shift in integrating traditional finance with the world of cryptocurrencies#BinanceTurns8BinanceTurns8 #Turn8