21Shares has submitted applications to the U.S. SEC for two cryptocurrency index ETFs.
BlockBeats News, July 19th, 21Shares partnered with Teucrium ETFs to submit two cryptocurrency index ETF applications to the U.S. SEC. The applications include the 21Shares FTSE Crypto 10 Index ETF and the 21Shares FTSE Crypto 10 ex-BTC Index ETF.
NovaDius President Nate Geraci stated that both ETFs will adopt the Investment Company Act of 1940 ("40 Act Fund") structure, similar to the recently launched Rex-Osprey Solana Staking ETF. Current ETF issuers are no longer waiting for the U.S. Securities and Exchange Commission (SEC) to reach a clear regulatory consensus on the "cryptocurrency ETF framework" but are actively driving product innovation.
You may also like
Gainers
Latest Crypto News
Bank of England Deputy Governor Broadbent: Keeping the US and UK in sync on stablecoin regulation is crucial
In the past 24 hours, the entire network has witnessed a total liquidation of $1.603 billion, with the majority coming from long positions.
Bitcoin Rises to Touch $104,000
The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 64.5%.
To end the government "shutdown," the Democratic leaders in Congress are calling on Trump to start negotiations.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]