Quick Facts:
1️⃣ The SEC has approved a new process that will accelerate the launch of crypto exchange-traded products by ending the requirement for separate rule filings.
2️⃣ The new regulatory process cuts the time an ETP can spend in regulatory limbo from up to 240 days to as little as 75 days.
3️⃣ The rule change makes it easier for investors to hold crypto in standard portfolios like IRAs and allows firms like JPMorgan Chase to accept crypto ETP shares as loan collateral.
4️⃣ Best Wallet and Best Wallet Token ($BEST) are fundamental tools for handling your crypto and making investments easier.
The Securities and Exchange Commission (SEC) just greenlit a new process for crypto exchange-traded products (ETPs), effectively ending years of regulatory traffic jams.
Where an ETP could