The article discusses the potential changes in the US Securities and Exchange Commission’s approach to crypto-based Exchange Traded Funds (ETFs). The SEC is considering generic listing standards that could significantly expedite the approval and launch of new crypto spot ETFs. Such a move could lead to a variety of new products in the cryptocurrency market, including ETFs tracking altcoins, memecoins, and tokens. Despite this being a major step for crypto, it falls short of providing a detailed crypto-specific framework that would provide clearer insights into which coins the SEC would allow or disallow.
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