“Blind of cryptocurrency ETF? Currently, Paul Atkins, on the table, is waiting for more than 90 applications for cryptocurrency exchange products (ETF). Many tokens have been exposed to these applications, but for some of them the result is already close, and it is expected that XRP and Doge will be listing this week. All this is looking forward to markets and historical investors who hope […]”, – WRITE: Businessua.com.ua
Blind of cryptocurrency ETF? Currently on the table of Paul Atkins team is waiting for a response over 90 applications on cryptocurrency exchange products (ETF) . Many tokens have been exposed to these applications, but for some of them the result is already close, and it is expected that XRP and Doge will be listing this week. All this is looking forward to markets and historical investors who hope to have a positive impact on the prices of these altcoins. The reverse countdown began.
The key points of this article:
- More than 90 applications for cryptocurrency ETFs are under consideration, and XRP and Doge are soon waiting for closing.
- The US Securities and Exchange Commission (SEC) approved ETF XRP and Dogecoin, which opened the way to enter the market this week.
The approval process cryptocurrency ETF The US Securities and Exchange Commission is a patience exercise because the US financial regulator regularly postpones regulatory deadlines to gain time to resolve these issues.
A strategy that in most cases does not prevent these stock exchange funds were eventually validated . That is why analysts such as Eric Balchunas have appreciated that Etf Xrp and Dogecoin They can appear on the market by the end of this year .
A hypothesis that has just been confirmed after the approval of these two files by the Securities Commission and US Exchange (SEC) . ETF XRP and Dogecoin placed on Rex-osprey, The 75-day check period established by the US financial regulator has just successfully passed. AND The date of their launch on the market It may well be Not far off :
“This week appears etf rex-osprey xrp. It is the first cash ETF XRP, registered in accordance with the 1940 Law. “
Rex-Ossprey team about your xrp etf-Source: Account X
The first in ETF XRP’s history goes to Wall Street this week-Source: Compte X
Scheduled market exit for this week? According to the available information, these two cryptocurrency ETF They can go out to the market by the end of this week. This happens as part of the 1940 investment companies, which applies to these two cases.
This process shortens the approval time Compared to the 1933 securities law, which was used for cash bitcoin-ETF. It allows the fund is automatically started 75 days after the application is submitted if the SEC does not deny.
This approval allows Greg King founder and CEO of Rex Financial, greet yourself with this achievement. After all, according to him, “The revolution of digital assets is already ongoing.” And the opportunity to offer access to cash Xrp and other cryptocurrencies “As part of the ETF regime in 1940” ETF regime ” there are a source of pride For the Rex-Osprey group.
ETF XRP and Dogecoin have just passed the stage of approval of the US Securities and Exchange Commission. This decisive step allows you to consider launching on the market by the end of this week. And it can now pave the way for many other financial products of this type that dream of A similar fate to ETF Bitcoin Cash on Wall Street.
Source: Journalducoin.com
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