Svmuureports that the U.S. SEC is seeking public comments on prediction market ETFs and has postponed the approval process for related "new-type ETFs."
SEC Chairman Paul Atkins stated, "New products bring new questions," indicating that regulators need to further assess the impact of such products. Previously, Bitwise, Roundhill, and GraniteShares have submitted applications for prediction market ETFs, which would track the outcomes of events such as U.S. elections.
Bloomberg ETF analyst Eric Balchunas noted that the SEC is currently evaluating prediction market ETFs cautiously, similar to its previous approach to spot crypto ETFs. (Cointelegraph)
Faster global financial news!
SEC Seeks Public Comments on Prediction Market ETFs, Related Product Launches May Be Delayed or Postponed
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Coinbase is down 14.04% from its previous close, now trading at $138.050.
-
2
Gold prices fell to $3,883.36, hitting a near 365-day low.
-
3
Coinbase leads sell-off in crypto-related stocks after Binance's $6.3 billion hack, with Circle and Strategy shares plummeting.
-
4
NVIDIA is down 5.17% from its previous close, now trading at $202.620.
-
5
Gold is down 3.45% from its previous close, now trading at $3,883.36.
-
6
Chainalysis: Binance Hackers Deployed Unprecedented Money Laundering Tactics, Rapidly Converting $6.3 Billion in Stolen Funds
-
7
AI investing sector had a rough week with key ETFs down 4-29% and major tech stocks falling up to 25%, as investors question profitability and analysts suggest taking profits.
-
8
Broadcom is down 6.57% from its previous close, now trading at $322.333.
-
9
Trump Comments on Binance Hack as Calls for Crypto Regulation Intensify
-
10
What is ELTCOIN? Project Positioning and Market Status
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
