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How the SEC is about to usher in ‘a ton’ of crypto ETFs

Get ready, Wall Street. The US Securities and Exchange Commission is working on “generic listing standards” for crypto exchange-traded products. The fresh rules will allow new crypto ETFs to launch automatically if they meet basic requirements. It’s a quiet yet powerful regulatory shift that has the potential to open the door to dozens of new funds, and billions in inflows. “The SEC is getting ready to blow the market wide open,” Bitwise CIO Matt Hougan, wrote in a Monday note to investors. “The SEC ad ...