Breaking: US SEC Delays Decision On Polkadot & Hedera ETFs
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The US Securities and Exchange Commission (SEC) has released a statement on the Polkadot and Hedera ETFs ahead of the second deadline for these funds. The Commission has called for more comments on the filings and has, in the process, delayed its decision to approve or deny these applications. US SEC Delays Polkadot & Hedera
21shares registered a trust in Delaware on Dec. 19, called the 21Shares Polkadot Trust, for a potential exchange-traded product indexed to Polkadot (DOT). As of press time, 21shares has not spoken publicly about the filing. DOT is the 20th largest crypto, priced at $7.07 and boasting a market cap of nearly…
Grayscale files crypto ETFs tracking Hedera, Litecoin, and Bitcoin Cash, awaiting SEC approval amid growing interest in crypto investment products. Grayscale has officially filed new registration statements with the U.S. Securities and Exchange Commission (SEC) to launch three new cryptocurrency exchange-traded funds (ETFs). These include an S-1 filing for a…
The SEC is currently issuing delays, extending the process for altcoin ETFs like XRP and Solana (SOL) that are awaiting approval. While experts believe that altcoin ETFs are likely to be approved in the last quarter of the year, the SEC has announced approval standards for cryptocurrency ETPs. Bloomberg senior…