How the SEC is about to usher in ‘a ton’ of crypto ETFs – DL News
- The SEC is working on a new set of guidelines for exchange-traded funds.
- Donald Trump has appointed pro-crypto regulators since taking office.
- Now, new crypto exchange-traded funds are ready to hit the market.
Get ready, Wall Street.
The US Securities and Exchange Commission is working on “generic listing standards” for crypto exchange-traded products.
The fresh rules will allow new crypto ETFs to launch automatically if they meet basic requirements.
It’s a quiet yet powerful regulatory shift that has the potential to open the door to dozens of new funds, and billions in inflows.
“The SEC is getting ready to blow the market wide open,” Bitwise CIO Matt Hougan, wrote in a Monday note to investors. “The SEC adopting generic listing…
