The SEC is Weighing a Faster Approval Framework, Potentially Opening the Floodgates for Altcoin ETFs
According to ChainCatcher, citing The Block, as the number of cryptocurrency exchange-traded fund (ETF) applications surges, the U.S. Securities and Exchange Commission (SEC) is considering implementing a faster approval framework.
This change could open the floodgates for the approval of cryptocurrency ETFs, allowing more of these financial products to enter the market. The SEC is weighing this new framework in response to the growing demand for cryptocurrency ETFs in the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 86,800 SOL transferred to a certain exchange, worth approximately $11.95 million
In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
