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๐จ SEC OPENS DOOR TO NEW CRYPTO ETF RULE
The SEC is asking for public comment on a proposed NYSE Arca rule that would require crypto ETFs to hold at least 85% in โapprovedโ crypto assets.
The filing names $BTC, $ETH, $SOL, and $XRP, along a few non-qualifying crypto that would still pass if 95% of NAV meets the standards.
The rule aims to limit riskier assets to just 15%.