ETF issuers have written to the SEC urging the restoration of the "first-come" principle to seek fair approval for encryption ETFs.

ETF issuers VanEck, 21Shares and Canary Capital have reportedly sent a letter to the US SEC urging a return to the "first-to-file" principle and approval of ETF applications in the order in which they are submitted to regulators. The companies argue that the SEC's failure to comply with the "first-to-file principle," the default application approval process for crypto ETFs before they go public, has weakened healthy competition and hindered financial innovation.

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TokenBeginner'sGuidevip
· 10h ago
Support Compliance and Orderly Approval
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GateUser-cff9c776vip
· 16h ago
Regulation also emphasizes the order of arrival.
Reply0
CryptoComedianvip
· 16h ago
Waiting in line for a year for approval
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CryptoTherapistvip
· 16h ago
Let's heal market trauma together.
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