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SEC approves common listing standards, promoting the launch of cryptocurrency ETFs
The SEC in America has approved a common listing standard for Commodity-Backed Certificates, simplifying the approval process for cryptocurrency ETFs by establishing uniform listing standards.
This decision, combined with the Federal Reserve's interest rate cuts, is expected to accelerate the launch of spot ETFs and attract capital from institutions. Cryptocurrencies like SOL, XRP, and DOGE with their current ETF profiles and futures contracts will be early winners. Investors need to monitor the progress of ETFs, interest rates, and capital flows to assess the impact of these changes.