The US Securities and Stock Exchange Committee (SEC) has officially realized 19B-4 files from the New York Stock Exchange (NYSE) to include and trading the Solana and Litecoin Transped (ETF).
On February 6, the organizational body called for general reactions to both files. Comments should be presented within 21 days after being published in the federal registry.
SEC’s first thanks and appreciation to Solana Etfs
SEC Thanks and appreciation It is the first box boxes in Solana (Sol), making it a great development.
“This is really concerned because the Supreme Education Council refused to do so in the recent deposit attempts to Sol.” books On x.
He also suggested that this decision can indicate a positive transformation of exchanges or companies facing SEC claims called Solana as security. Fox Business Eleanor Territt has echoed these feelings, and described this step as “very noticeable.”
“SEC itself asked CBOE to pull the Solana files to the exporters just a few week Make up.
Eric Balunas, chief analyst ETF, Senior Analysts in Bloomberg. He stressed the importance of SEC’s recognition of a product linked to a digital origin, which was previously described as “safety”.
“So we are now in a new area, albeit just a child’s step, but apparently the direct result of changing driving,” Balonas, in Shaunas Note.
The SEC step comes after it has replaced Board Board (CBOE) options to the 19B-4 boxes for Solana ETFS on behalf of BitWise, Vanck, 21shares and Canary Capital.
Meanwhile, the departure of Gary Ginsner raised an increase in ETF files. This is because many expect a more convenient attitude towards encryption products.
Sevart has estimated that the final date for a decision on the Solana ETF application is likely to be around 11 October.
ETF Litecoin ETF gets a first gesture
In addition to Solana ETF, SEC admitted 19B-4 on the New York Stock Exchange presentation To include and trade stocks in Trust Litecoin Trust. This represents the second recognition of Litecoin (LTC) ETF.
According to SEYFART, Spot Litecoin ETF can be the following for organizational approval.
“Adhere to my call/offer that Litecoin will be the following digital origin that is approved by the Supreme Council to publish.
Meanwhile, on the same day, the Securities and Exchange Commission approved the Nasdaq 19B-4 deposit to allow creativity and loyalty to ISHARES Bitcoin Trust Etf (Ibit). Nate Girassi, head of ETF store, indicated that although this was a step forward, it was long ago.
“Sarcasm, we are still criticizing and recovering,” Girassi ” I mentioned.
SEC’s approval of the deposit of Solana Solana Etf and Litecoin Trust is a positive step forward. However, organizational approval is still far. Whether the Supreme Education Council under the leadership of President Trump will accelerate the approval of the investment funds circulating on Altcoin.
Disintegration
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