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Showing posts with the label #RegulatoryFramework #CryptoMarket

SEC Sets Deadline For Ether ETF Filings Edit, Approval Ahead?

Here are some key developments to keep an eye on: Nasdaq and CBOE's ETF Filings Both Nasdaq and CBOE have filed for a spot ether ETF, which would track the price of the cryptocurrency and provide investors with exposure to the asset without actually holding it. This would be the first ETF of its kind in the U.S., and many believe it could open the floodgates for institutional investors to enter the crypto market. However, the SEC has requested changes to the filings, leading some to believe that approval may not be as imminent as initially thought. SEC's Increased Involvement The SEC's involvement in the ETF filings is a positive sign for the crypto industry as it shows a willingness to work with exchanges and explore potential regulatory frameworks. This increased involvement also signals a growing acceptance and recognition of cryptocurrencies as a legitimate asset class. However, it is important to note that the SEC has not provided any timeline for a decision on ...