Crypto ETFs set to flood US market as regulator streamlines approvals
By Suzanne McGee and Hannah Lang
(Reuters) -Asset managers are lining up to launch cryptocurrency exchange-traded funds, capitalizing on growing excitement around digital assets while getting a boost from looser regulatory requirements to bring products to market.
The U.S. Securities and Exchange Commission’s updated standards for ETFs, announced last week, could encourage demand for exchange-traded products tied to cryptocurrencies ranging from solana to dogecoin.
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ETFs around the more traditional cryptocurrencies bitcoin and ethereum were launched in 2024 under prior rules that had stricter standards for issuers and exchanges.
