One of the big takeaways from my interview with Commissioner Peirce is that, with the SEC’s new generic listing standards for ETFs released last week, there’s no longer a requirement for a futures market to exist before approving individual altcoin spot ETFs. This marks a major shift, since such a requirement was in place for both the Bitcoin and Ethereum spot ETFs. I expect we’ll soon see many of the top 15–20 altcoins receive ETF approvals quickly, in my opinion. XRP and Solana of course have futures markets, but now this opens the door for Cardano, HBAR, Avax, and many others.
Just wrapped up an awesome conversation with SEC Commissioner @HesterPeirce at @Station3NYC. We did a deep dive into Project Crypto, Altcoin ETFs, Ripple XRP case, Tokenization and more.
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