Opinion: SEC Standards May Be Lenient Enough for the Vast Majority of Top 50 Tokens to Become ETFs
2025/07/02 04:33According to a report by Jinse Finance, Bloomberg Senior ETF Analyst Eric Balchunas commented on the SEC's move to establish universal listing standards for cryptocurrency ETFs, stating, "(This is) reasonable, and it's also why we are so optimistic—the approval rate for most tokens is as high as 95%. The question is, what will the standards be? We believe these standards may be broad enough that the vast majority of the top 50 tokens could be eligible for ETF inclusion."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Global Bank Stocks Sink as Bond Losses Top $326 Billion: Is Another SVB Coming?
About 700,000 BTC have flowed out of exchanges in the past year.
Korean retail investors shift to the US in Q3: Sold over 5.5 trillion won of Korean stocks, purchased more than 10 trillion won of US stocks
In the third quarter, Korean retail investors made net purchases of US stocks worth approximately 10.15 trillion won, marking a complete reversal from the previous pattern in the first half of the year, when they made net purchases of nearly 100 trillion won in KOSPI stocks. In September alone, the sell-off amount reached as high as 14.2 trillion won. Analysts attribute this shift to a combination of factors: a sharp decline in KOSPI at high levels, the continued strength of the US stock market driven by AI themes, and the appreciation of the Korean won reducing currency exchange costs.
Crypto prices
More
