đš Crypto ETF Issuers Push for a Fair Shot â âFirst-to-Fileâ Rule in the Spotlight
đ VanEck, Canary Capital, and 21Shares have officially called on the SEC to reinstate the 'first-to-file' rule â a move that could reshape how crypto ETFs are approved in the U.S.
đ Why it matters:
đč These firms were early movers in filing for ETFs that go beyond just Bitcoin & Ethereum
đč The current approval process may sideline innovators who took the first leap
đč Restoring the rule would reward initiative and level the playing field
đ As the ETF race accelerates in the crypto space, this appeal to the SEC could redefine how institutional access to emerging assets is structured.