Seeing the SEC delay another two crypto ETF decisions
One is Cboe's application $PENGU , and the other is NYSE's T. Rowe Price actively managed crypto ETF.
The SEC's reason is very official, requiring more time to evaluate, extending the decision period by 45 days.
In fact, the SEC hasn't decided how to handle it yet. Previously, spot Bitcoin and Ethereum ETFs were approved, and the market once thought that the door to crypto ETFs had been opened.
But now it seems that the SEC's approval pace is still very cautious, especially for this kind of actively managed crypto ETF, which involves more complex coins and strategies. It is normal for regulatory agencies to need more time to study.
Personally, I think such ETFs are likely to be delayed again in the short term.
But at least it shows that regulators are taking this matter seriously, which is better than a one-size-fits-all approach.
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
Seeing the SEC delay another two crypto ETF decisions
One is Cboe's application $PENGU , and the other is NYSE's T. Rowe Price actively managed crypto ETF.
The SEC's reason is very official, requiring more time to evaluate, extending the decision period by 45 days.
In fact, the SEC hasn't decided how to handle it yet. Previously, spot Bitcoin and Ethereum ETFs were approved, and the market once thought that the door to crypto ETFs had been opened.
But now it seems that the SEC's approval pace is still very cautious, especially for this kind of actively managed crypto ETF, which involves more complex coins and strategies. It is normal for regulatory agencies to need more time to study.
Personally, I think such ETFs are likely to be delayed again in the short term.
But at least it shows that regulators are taking this matter seriously, which is better than a one-size-fits-all approach.