SEC Opens Door for More Crypto ETFs—But There’s a Catch

The US Securities and Exchange Commission (SEC) is inching closer to broader crypto ETF approvals, thanks to new listing standards centered on derivatives markets. This comes only days after the securities regulator approved in-kind ETF redemptions, allowing investors to swap tokens directly with issuers. Crypto ETFs Get Derivatives-Driven Framework Under New SEC Standards According to a fresh exchange filing, the SEC now allows exchange-traded funds (ETFs) for cryptocurrencies with futures contracts listed for at least six months on either Coinbase Derivatives or the Chicago Mercantile Exchange (CME). Bloomberg ETF analyst Eric Balchunas called the new rule a “pretty big deal,” explaining that it essentially opens the door to ETFs on roughly a dozen altcoins, many of which already had high approval odds source: https://beincrypto.com/crypto-etf-approval-derivatives/