The SEC has announced a decision to extend the review period of multiple Crypto ETFs. Here is included Staying proposal In the case of Etherrium ETFs as well as XRP and Dogecoin ETFs, the Commission has decided to decide to finish the fund.
The SEC delays the determination for Ethereum, XRP and Dogecoin ETF.
at SEC releaseThe committee said it is extending the review period for changing the proposed rules. Blackrock's Ether Leeum ETF. The agency said it is appropriate to specify a longer period of time to take measures on the proposed rules. That way, there is enough time to consider suggestions and problems.
The extension does not approve or approve the regulations that have been proposed by the final deadline on October 30. The committee also made a similar decision on the change of the proposed rules. fidelity and Franklin Templeton Ether Leeum ETF. The final deadline for the SEC to approve or approve the proposed rules for the two funds is November 13th.
There are other applications Ether Leeum ETF publisherStaying for each fund, such as GrayScale and 21Shares. The final deadline for the 21Shares and Grayscale's suggested change of rules is October 23 and 29, respectively. Based on this, the SEC is likely to approve the staying for the ETF on the early October 23rd. This is similar to the method of approval of all the funds that can be released last year.
Meanwhile, the SEC is already expected to approve this fund. Staying activities are not securities. Picking up this fund will allow investors to get a yield and get a seat exposure to Ethereum.
The SEC also delays the decision of XRP and Dogecoin ETF.
that The SEC is also delayed Determination of XRP ETF and Bitwise in Franklin Templeton Dogecoin ETF. As with Etherum ETF's decision, the Commission said it took more time to change the proposed rules and review the problems. Now, the rules that are proposed by the final deadline on November 14 are not approved or approved or approved or approved by the list and trading stock of the fund.
It is worth noting that the SEC has already delayed others. XRP ETF application Until the final deadline. Grayscale, Bitwise, 21Shares, Coinshares, Canary Capital, WisDomtree and Franklin Templeton all applied for the XRP fund in accordance with the 33 laws. The first final deadline is Grayscale 'S and appears on October 18.
one side, The SEC delayed the decision Until the final deadline on November 12 for the change of the proposed rules for Bitwise's Dogecoin ETF. GrayScale was submitted to Doge ETF, where the final deadline rose on October 18.
Istock's main image, TradingView.com chart
Editorial process focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor's team. This process ensures the integrity, relevance and value of the reader's content.
