Bloomberg analyst suggests that these filing will test the SEC boundary under a new leadership, and if there is no objection from regulatory authorities, potential transactions will be released by April. Masu.
Major exchanges, including CBOE and NASDAQ, are pursuing a correction that allows the Bitcoin and Ethereum ETF to redeem the actual redemption following the recent Shift of SEC from a cash -only model.
For some reason, the world seems to need a fund (ETF) traded on an exchange that tracks all kinds of Memecoin, including Melania ETF. Tuttle Capital Management, focusing on Innovation, was submitted to 10 types of leverage ETFs on Monday.
Related: When the cipher arrives in Davos, the CEO provides the price prognosis of the bitcoin dropping the jaw.
Apart from Memecoins Melania, Trump, and Bonk, there are also applications for XRP, Solana, Litecoin, Cardano, ChainLink, and Polkadot.
Following the announcement, the Bloomberg ETF analyst, James Seifert, said that it would work back to Gary Gensler. I hope he is joking.
Funds may be traded within 3 months
Seyffart believes that this is the fact that ETF publishers actually spread the boundaries and see what the US Securities and Exchange Commission (SEC) (SEC) looks like under new leadership.
This is for the issuer who tests the restrictions of what SEC is allowed. We expect a new Crypto taskforce (led by Hesterpers) to become a lynlling when determining what is allowed and what is not.
James Sefarato Bloomberg analyst Eric Barknas commented that filing is rare because it contains twice as much leverage fund that does not usually exist in the United States that follow the leverage fund.
He added that such funds (excluding melania ETFs) were already traded in Europe.
He believes that the ETF may be “going out and trading” in April unless the SEC opposes. Note that REX-SOPREY for Doge, Trump, and BONK ETF (and other) survived the week without withdrawing.
It would be interesting to see where the SEC pulls out the line (even if it is). One week after submission of DOGE/Trump, I don’t think it has been withdrawn. What is it?
Eric Barknas Will the actual funds of Bitcoin and Ethereum come?
Meanwhile, Cboe BZX Exchange Inc. has applied for some changes to Bitcoin and Ethereum ETF. This proposal is aimed at allowing the actual redemption of the actual thing, not in cash.
The exchange proposes to fix the ARK 21 share bitcoin ETF (“bitcoin trast”) and 21 share coat coins ETFs (“ETH TRUST”, and collectively bitcoin trasts, “trust”). Masu. The committee lists and trades exchanges in accordance with the BZX rules 14.11 (E) (4), and allows the creation and redemption of the actual thing.
CBOE BZX Exchange Inc.
This is after the same movement by Nasdaq in BlackRock Bitcoin Trust. This adjustment matches the recent approval of SEC SPOT bitcoin and Ethereum ETF and shifts from previously preferred cash redemption models.
Related: Did China sell all bitcoin? The founder of Cryptoquant is Jesus
However, Seyffart was X, and he explained that these actual processes are limited to certified participants, not individual investors.