13:05
The US SEC has issued guidance on the handling of documents after shutdown, which may accelerate the effectiveness of multiple encryption ETFs.
According to Bloomberg analysts, the SEC received over 900 registration filings during the government shutdown and is accelerating the processing. Registration statements without a delay of effectiveness clause can automatically take effect after 20 days, which may prompt some encryption ETF issuers to expedite their listings, with Bitwise's XRP ETF possibly becoming the next batch of candidates.
XRP-3.68%
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