Key Takeaways:
The SEC cleared an active crypto ETF tied to several major digital assets.Eligible assets include BTC, ETH, XRP, SOL, DOGE, ADA, AVAX, and others.Exchange rules require daily transparency, trading safeguards, and broker-dealer firewalls.The SEC stated that as of the date of the filing of Amendment No. 2:
Active Crypto ETF Uses Benchmark Without Tracking OneThe SEC wrote:
“This order approves the proposal.”
