This pressure will kill a lot of lazy treasury companies It either pushes them to pursue money that cannot buy US ETFs (still a LOT there), or they need to figure other ways to differentiate Already BTC companies are in derivatives & lending, should be a trend for other tokens
Eleanor Terrett
Eleanor Terrett1.7. klo 23.15
🚨SCOOP: The @SECGov is in the early stages of creating a generic listing standard for token-based ETFs in coordination with exchanges. The thinking, I’m told, is that if a token meets the criteria, issuers could skip the 19b-4 process, file an S-1, wait 75 days, and the exchange could list it. This approach could save both issuers and the SEC a lot of paperwork and back-and-forth on comments. What those listing standards would be is still unclear, but some are speculating market cap, trading volume and liquidity are all under consideration. Through a spokesperson, the SEC declined to comment.
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