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US SEC plans to promote the universal listing standard for encryption ETP, which may accelerate product issuance

Source: ChainCatcher
According to ChainCatcher, according to TheBlock, the US SEC is promoting the general listing standard for encrypted spot ETP. In the future, encrypted ETPs that meet preset conditions will not need to be declared one by one, and will be approved as soon as 75 days. Matt Hougan, chief investment officer of Bitwise, said that if the new regulations are implemented, various crypto assets such as Solana, XRP, and Chainlink are expected to quickly launch ETP to promote market expansion. After the traditional ETF market adopted similar rules, the annual issuance volume increased from 117 to 370.
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