Analysis: New SEC Guidelines Allow Crypto ETF Issuers to Accelerate the Effectiveness of Registration Filings
BlockBeats News, November 14, Bloomberg Senior ETF Analyst Eric Balchunas posted that "The US SEC has issued new guidance that appears to allow issuers to accelerate the effectiveness of their filing documents, in order to clear the backlog of pending projects as soon as possible."
I guess those crypto ETFs that haven't completed the 8a process before will try to move forward as quickly as possible. Bitwise's XRP ETF should be the next in line."
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
The U.S. Bureau of Labor Statistics was unable to fully collect October CPI data.
Bernstein Maintains "Outperform" Rating on Figure, Figure's Q3 Revenue Exceeds Expectations by 30%
Michael Saylor: Strategy is buying a significant amount of bitcoin and will announce it next Monday
