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Crypto ETFs Likely Won't Be Approved Until New SEC Chair Is Sworn In
Despite recent acknowledgements by the Securities and Exchange Commission (SEC) on several spot crypto exchange-traded fund (ETF) applications, the agency is unlikely to make any decisions approving these products until its leadership is settled. “I would have been very very surprised if they approved any of these filings before [Paul] Atkins was confirmed at their first deadlines,” said James Seyffart, an ETF analyst at Bloomberg Intelligence. “It’s been our assumption that anything that can be pushed until Atkins is officially at the SEC, will be pushed back.” A person familiar with the matter told ... (full story)
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- Posted: Mar 12, 2025 5:26pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 266
