Crypto ETF Rules Under Revision for Wider Asset Inclusion
Business and Finance
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Industry leaders pushing for SEC to revise ETF rules
Coinbase and Fidelity leading the advocacy
Goal is to include more crypto assets in ETFs
360 summary
If the SEC expands ETF rules to include meme coins and altcoins, it could lead to a proliferation of unique ETF products tied to unconventional crypto assets like Peanut the Squirrel and Gigachad-related tokens.
Allowing ETF issuers to directly purchase and sell crypto, participate in staking digital assets, and earn staking rewards could introduce a new level of integration between the volatile meme coin sector and the traditional American economy.
Standardizing rules for listing crypto ETFs and providing clarity on collecting staking rewards could pave the way for increased participation from industry leaders like Fidelity and BlackRock in the crypto ETF market.
decrypt.co
If the SEC expands ETF rules to include meme coins and altcoins, it could lead to a proliferation of unique ETF products tied to unconventional crypto assets like Peanut the Squirrel and Gigachad-related tokens.
Allowing ETF issuers to directly purchase and sell crypto, participate in staking digital assets, and earn staking rewards could introduce a new level of integration between the volatile meme coin sector and the traditional American economy.
Standardizing rules for listing crypto ETFs and providing clarity on collecting staking rewards could pave the way for increased participation from industry leaders like Fidelity and BlackRock in the crypto ETF market.
decrypt.co
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