| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107227.2400000000 |
| ETH | $2428.6870000000 |
| BNB | $647.4029800000 |
| XRP | $2.1791260000 |
| ADA | $0.5632458000 |
| SOL | $149.6695000000 |
| DOGE | $N/A |
| DOT | $3.3897000000 |
| LTC | $85.9312000000 |
| LINK | $13.3316100000 |
Category: CRYPTO NEWS
The post Bitcoin ETF Issuers Urge SEC to Reconsider First-File Approval Approach Amid Regulatory Uncertainty appeared on BitcoinEthereumNews.com. Leading ETF issuers have petitioned the U.S. Securities and Exchange Commission (SEC) to reinstate the “first-file” principle for Bitcoin ETF approvals, aiming to restore fairness and predictability in crypto regulation. This appeal underscores growing industry concerns over recent SEC deviations from traditional approval processes, which could impact the pace and transparency of cryptocurrency market integration. According to COINOTAG sources, firms like VanEck and Bitwise emphasize that returning to the first-file basis would reward thorough compliance and potentially accelerate institutional adoption of Bitcoin ETFs. ETF issuers urge the SEC to revert to the first-file approval process for Bitcoin ETFs, promising enhanced regulatory clarity and stronger market confidence in crypto investments. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Reinstating the First-File Principle: A Strategic Move for Bitcoin ETF Approvals The call by prominent ETF issuers to return to the first-file principle marks a pivotal moment in U.S. cryptocurrency regulation. Historically, this principle allowed the earliest compliant applicant to gain approval, fostering a competitive yet transparent environment. However, recent SEC decisions have shifted away from this approach, particularly concerning crypto-related ETFs, leading to uncertainty among market participants. By advocating for a reinstatement, firms like VanEck and Bitwise aim to reestablish a regulatory framework that incentivizes prompt and thorough filings, which could streamline the approval process and reduce prolonged delays that have frustrated investors and issuers alike. Implications for Bitcoin and Broader…
2025-06-07T03:37:43+00:00