Former Fox reporter and current host of the CryptoAmerica podcast, Eleanor Terrett, published exclusive news stating that the SEC has requested the issuers of LTC, XRP, SOL, ADA, and DOGE ETFs to withdraw their 19b-4 applications, as the universal listing standard has been approved, which replaces the necessity for these applications. Bloomberg analyst Eric Balchunas is optimistic about the recent listings of multiple ETFs.
According to the new ETF universal listing standards, future cryptocurrency ETFs only need to meet the standards to be listed for trading on exchanges ( including Nasdaq, Cboe BZX, and NYSE Arca) without the need to submit a proposed rule change to the SEC in advance for compliant commodity trust shares. Previously, Bloomberg analyst Eric Balchunas stated that there are currently about 12-15 tokens with futures set up on Coinbase, and there may be hundreds of cryptocurrency ETFs listed in the coming year.
(SEC approves general listing standards for ETFs, Bloomberg analyst: there may be hundreds of crypto ETFs listed in the coming year)
Balchunas believes that the universal listing standards render the 19b-4 filing and its “approval time” meaningless. As a result, only the formal approval of the asset management company's S-1 filing remains! Last Friday, Fidelity (, Franklin Templeton ), CoinShares, Bitwise, Grayscale, Canary Capital, and VanEck all updated their S-1 applications for the Solana ETF, enhancing the details of the staking activities. He is optimistic about the recent listings of multiple ETFs.
( The staking-type Solana ETF is about to be launched, ready to welcome a glorious October? )
This article states that cryptocurrencies such as XRP, SOL, and DOGE have met the general listing standards, and the ETF listing is just around the corner, first appearing in Chain News ABMedia.
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