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One platform for global traditional assets
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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 bitcoin:native, $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%. #crypto