The U.S. Securities and Exchange Commission (SEC) is brewing a new regulation that could fundamentally change the landscape of Crypto Assets exchange-traded products (ETPs). Matt Hougan, the chief investment officer of Crypto Assets management firm Bitwise, shared some thought-provoking insights on this.



Hougan stated that the universal listing standards proposed by the SEC are expected to break the current market deadlock and create conditions for the large-scale expansion of Crypto Assets ETPs. He vividly referred to this potential trend as 'ETPalooza', suggesting an upcoming surge in Crypto ETPs.

Currently, each new spot Crypto Assets ETP requires a separate application to be submitted to the SEC, a process that often takes as long as 240 days and has uncertain approval outcomes. Whether it's Solana, XRP, Litecoin, Dogecoin, or Chainlink, they all must go through this cumbersome process.

However, the new universal listing standards that the SEC is developing may completely change this situation. Hougan explained that under the new rules, issuers will no longer need to seek SEC approval for each product individually. Instead, they can directly launch crypto ETPs as long as they meet the preset standards. These standards are likely related to the presence of regulated exchanges such as the Chicago Mercantile Exchange (CME) or the Chicago Board Options Exchange (CBOE).

This potential transformation has garnered widespread attention in the industry. If the SEC's new regulations are implemented, the Crypto Assets ETP market may experience unprecedented prosperity. This will not only provide investors with a more diverse range of Crypto Assets investment options but may also have a profound impact on the entire Crypto Assets ecosystem.

However, experts also remind us that despite the new regulations potentially bringing opportunities, investors still need to exercise caution regarding the inherent risks of the Crypto Assets market. While changes in the regulatory environment may promote market development, they should not be seen as an endorsement of specific investment strategies.

As the details of the SEC's new regulations gradually become clear, the industry will closely monitor their actual impact on the Crypto Assets ETP market. In any case, this regulatory trend undoubtedly marks an important step towards the further integration of Crypto Assets into mainstream financial markets.
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BlockBargainHuntervip
· 09-19 16:08
sec you can be more clear-headed
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HashRateHustlervip
· 09-19 11:09
When will the SEC be more supportive?
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metaverse_hermitvip
· 09-18 00:07
Not all SEC are bad.
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