TechFlow news, December 23 — Bloomberg ETF analyst Eric Balchunas posted on social media that the latest snapshot of his ETF Cointucky Derby has added a new "AP Protocol" section, as the SEC wants Authorized Participant (AP, i.e., underwriter) information confirmed in the next S-1 update (within the next 10 days). This step is not easy and may prevent some issuers from gaining simultaneous approval. However, confirming the AP agreement, combined with cash creation, could mean approval.
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