A few weeks ago SEC Left Coin EtfS-1 updates for the claim that the claim was put forward. Now there has been a greater development. The CEO of one of the companies applying ETF gave the good news.
Why is it rising?
Rex-osprey Solana ETF It will start to be traded on Wednesday with its stinging feature. Although the statement made by the CEO of the company increases the price of left coins above $ 155, investors do not seem to have been convinced.
ETF analyst Eric Balchunas said that the ETF analyst Eric Balchunas could soon come for a left Coin ETF application by Rex Shares. The analyst mentioned that the prospectus update is complete, but it is the last point, but the announcement of the SEC must make the announcement.
ETF Store President Nate Geraci said the following before today’s approval news;
“They can continue to progress with the ’40 Act structure ‘. This is a different strategy than other applications.”
Geraci mentioned that 40 ACT structure has exceeded the regulatory obstacle compared to other applications, but the SEC usually gives all exporters equal opportunities in an ETF approval. Today, you may probably come to announce from SEC.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
