0xTodd
0xTodd|Jul 24, 2025 13:27
There are more and more cryptocurrency ETFs available For example, Bitwise's index consists of a basket of 10 cryptocurrencies. (Although various CEX companies have tried several times in the past N years without success) The current progress is that the SEC first approved it, but later instructed to postpone it, so it has not been able to go public for a long time. Additionally, from this 10 index, you can see many clues. Firstly, prioritize the United States So you can see XRP SOL SUI LINK Avax and even DOT PS: And compared to SUI, Aptos, the top three of Facebook, seems a bit behind. Secondly, exchange tokens are excluded. Unfortunately, BNB is actually an important component of the cryptocurrency market Finally, in the PoW token, there is a preference for LTC over BCH and Doge, indicating that PoW does not gain any additional advantages. The GDLC index of grayscale is more conservative, with only 5 targets: But it still conforms to the general rule: (1) America First (2) Not accepting platform coins (3) PoW does not have any special advantages Of course, the situation with grayscale GDLC is similar, first annotated by SEC and then paused. According to relevant insiders' analysis, it seems that a member of the SEC opposed the proposal, which led to its suspension. The reason for opposition is that there needs to be a standard before these index ETFs can be launched.
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