SEC Approves Generic Listing Standards Clearing Path For Crypto ETPs
The SEC has approved “generic listings standards” that will clear the way for spot crypto ETFs to launch, reported Bloomberg’s ETF expert Eric Balchunas on Wednesday.
The move allows exchanges to list ETPs holding spot commodities, including digital assets, without requiring individual SEC approval for each product. It also eliminates the lengthy, case-by-case approval process that previously required months or years.
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SEC Approves Generic Listing Standards Clearing Path For Crypto ETPs
The SEC has approved “generic listings standards” that will clear the way for spot crypto ETFs to launch, reported Bloomberg’s ETF expert Eric Balchunas on Wednesday.
The move allows exchanges to list ETPs holding spot commodities, including digital assets, without requiring individual SEC approval for each product. It also eliminates the lengthy, case-by-case approval process that previously required months or years.
Read More
First US Spot XRP & DOGE ETFs Break the Market With Record Inflows