The Securities Exchange Commission (SEC) updated applications for multiple cryptocurrency exchange-traded funds (ETFs) on Feb. 6, signalling that the regulator is gradually advancing the approval process for cryptocurrency ETFs.
Key developments include: Grayscale's Solana and Litecoin ETF applications have received formal acknowledgment from the SEC. BlackRock submitted a proposal for an iShares Bitcoin ETF to allow physical creation and redemption. Cboe filed multiple 19b-4 filings to list and trade the XRP ETF issued by Bitwise, 21Shares, Canary Capital and WisdomTree.
The move is seen as an important signal for the SEC to gradually embrace cryptocurrencies as mainstream financial assets in the context of the new administration's more crypto-friendly policy. Analysts believe that the ETF filings of Litecoin, Solana and XRP may pave the way for more cryptocurrency ETF approvals.
SEC Pushes Forward XRP, Litecoin, Solana ETF Applications
2025-02-06 23:08:35
US securities exchange commission sec multiple crypto currency exchangedesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Cboe BZX为Bitwise等多家发行商提交现货XRP ETF的19b-4申请表格
