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Analysis: US SEC to Open Door for SOL, XRP, and Other Cryptocurrency ETFs
Summary: According to reports, analysts believe that the latest guidelines from the US Securities and Exchange Commission (SEC) may attract a large number of applications for cryptocurrency exchange-traded funds (ETFs) involving Solana, XRP, and even the Trump meme coin TRUMP. This stands in stark contrast to previous leadership that attempted to block the approval of Bitcoin ...
According to reports, analysts believe that the latest guidelines from the US Securities and Exchange Commission (SEC) may attract a large number of applications for cryptocurrency exchange-traded funds (ETFs) involving Solana, XRP, and even the Trump meme coin TRUMP. This stands in stark contrast to previous leadership that attempted to block the approval of Bitcoin ETFs. The guidance from the new SEC chairman, Paul Atkins, provides asset management companies with more details on how to obtain SEC approval for exchange-traded products linked to cryptocurrencies. While the guidelines are not formal rules, they reflect the current administration's more proactive approach to cryptocurrency regulation at the SEC.
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Link: Analysis: US SEC to Open Door for SOL, XRP, and Other Cryptocurrency ETFs [Copy]