TechFlow, September 18 — Bloomberg senior ETF analyst Eric Balchunas posted on social media that after regulators previously implemented a universal listing standard for ETFs, the number of new product launches tripled. He stated that the "SEC's approval of a universal listing standard for commodity-based trust shares" is likely to drive the launch of over 100 cryptocurrency ETFs within the next 12 months.
Earlier news: The SEC's approval of a universal listing standard for commodity-based trust shares will accelerate the approval process for spot cryptocurrency ETFs.
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