#SECETFApproval The new guidelines issued by the U.S. Securities and Exchange Commission (SEC) regarding disclosure requirements for exchange-traded products (ETPs) linked to cryptocurrencies represent a fundamental achievement towards the possible approval of numerous applications for exchange-traded funds (ETFs) based on digital assets, ranging from Solana and XRP to a meme coin associated with President Donald Trump.
The guidance published last week details that the SEC not only formed a specific task force to develop a new regulatory framework but also reorganized its cryptocurrency compliance team.
In parallel, it chose to pause and even dismiss several high-profile cases in which the agency was believed to have a legal advantage, signaling a clear strategic realignment.
Awaiting further definitions, asset managers anticipate complementary guidance from the SEC's trading and markets division, aimed at simplifying and accelerating the approval process.
According to sources close to the discussions, this coordination should pave the way for a wave of new financial products based on crypto assets.
The guidance published last week details that the SEC not only formed a specific task force to develop a new regulatory framework but also reorganized its cryptocurrency compliance team.
In parallel, it chose to pause and even dismiss several high-profile cases in which the agency was believed to have a legal advantage, signaling a clear strategic realignment.
Awaiting further definitions, asset managers anticipate complementary guidance from the SEC's trading and markets division, aimed at simplifying and accelerating the approval process.
According to sources close to the discussions, this coordination should pave the way for a wave of new financial products based on crypto assets.