The post SEC Clears the Way for Spot Crypto ETFs with New Generic Rules appeared first on Coinpedia Fintech News
The U.S. SEC has approved new listing standards that simplify the process for launching spot crypto ETFs under the ’33 Act. Cryptocurrencies with listed futures on Coinbase, currently about 12 to 15 coins, will now qualify automatically, removing the need for separate case-by-case approvals. This change streamlines regulatory procedures, cutting delays and hurdles, while opening wider access for spot crypto ETFs. The decision marks a major step toward expanding crypto investment options in U.S. markets.

Bitcoin traders focused on the weekly close amid flat BTC price action and warned that the whole bull market could end with a bad result. Key points:Bitcoin faces an important weekly close with several key price levels on the line.The bull market’s future is still at stake, a trader says, amid ongoing whale selling.Read more

