🧐 Bloomberg Analyst: The US SEC Introduces Universal Listing Standards for Crypto ETPs, with Over a Dozen Eligible Crypto Assets
According to Bloomberg's senior ETF analyst Eric Balchunas, the U.S. Securities and Exchange Commission (SEC) has released universal listing standards for cryptocurrency ETPs through its latest exchange filings. Under the standards, cryptocurrencies with over six months of futures trading track records on Coinbase @coinbase derivatives exchange will be allowed to be included in ETPs. Currently, there are about a dozen eligible crypto assets, aligning with the mainstream cryptocurrencies that previously had an approval probability exceeding 85%. Regarding the specific approval timeline, Balchunas indicated it could be in September or October of this year.
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