CoinVoice latest information, according to The Block, Bloomberg's senior ETF analyst Eric Balchunas recently stated that the approval probability for Litecoin, Solana, and XRP ETFs has reached 100%. This judgment is based on the SEC's newly approved general listing standards, which render the original 19b-4 application process ineffective and greatly simplify the approval process. Under the new regulations, the approval time can be reduced from 240 days to 75 days. Analysts expect that more than 100 cryptocurrency ETFs may be launched within the next 12 months. Currently, several exchanges have withdrawn their previously submitted 19b-4 application documents, and new product launches "may happen at any time."
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CoinVoice latest information, according to The Block, Bloomberg's senior ETF analyst Eric Balchunas recently stated that the approval probability for Litecoin, Solana, and XRP ETFs has reached 100%. This judgment is based on the SEC's newly approved general listing standards, which render the original 19b-4 application process ineffective and greatly simplify the approval process. Under the new regulations, the approval time can be reduced from 240 days to 75 days. Analysts expect that more than 100 cryptocurrency ETFs may be launched within the next 12 months. Currently, several exchanges have withdrawn their previously submitted 19b-4 application documents, and new product launches "may happen at any time."