🚨 SEC OPENS DOOR TO NEW CRYPTO ETF RULE

The SEC is asking for public comment on a proposed NYSE Arca rule that would require crypto ETFs to hold at least 85% in “approved” crypto assets.

The filing names $BTC , $ETH , $SOL , and $XRP, along a few non-qualifying crypto that would still pass if 95% of NAV meets the standards.

The rule aims to limit riskier assets to just 15%. #SEC #CryptoETF #NYSE #assets

BTC
BTC
77,992.09
+2.15%
ETH
ETH
2,306.94
+1.87%
XRP
XRP
1.3857
+0.90%