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SEC's Daily Says Agency Mishandled Crypto, Vows ETF Order

2026-07-06 01:36:34

Abstract generation in progress

Brian Daily said the SEC is working to restore trust after past failures in handling cryptocurrency. Eric Balchunas said Daily wants the agency to process roughly 200 ETF applications received each month in an orderly way. Daily said prediction market ETF approvals could bring 500 to 1,000 applications in a short time.

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