SEC acknowledges slew of crypto ETF filings as reviews, approvals accelerate
The US Securities and Exchange Commission (SEC) has recognized multiple exchange filings regarding cryptocurrency exchange-traded funds (ETFs) in recent days. Submissions by Nasdaq ISE and Cboe BZX have proposed rule changes related to staking, options, in-kind redemptions, and novel altcoin funds. This shift comes as the SEC seems to have softened its stance on crypto under President Trump's administration. Several crypto index ETFs launched recently, with expectations for more approvals in the near future. The SEC has expressed significant interest in staking and is seeking industry feedback on its potential benefits. Additionally, with increasing odds for the approval of ETFs related to XRP, Litecoin, and Solana, the regulatory landscape appears to be evolving. Recent ETF launches by Franklin Templeton and Hashdex suggest a growing acceptance, particularly of spot Bitcoin and Ether ETFs, while the SEC previously restricted listings of certain crypto ETFs.
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