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: 10.3681 million SYRUP transferred from Syrup.fi, routed through intermediaries and flowed into Wintermute
Sahara AI: No unlocks or security incidents have occurred, investigation into abnormal market fluctuations is ongoing
CertiK: Approximately $127 million in confirmed losses from attacks, hacks, and scams in November
