Perspective: It's Difficult for the SEC to Approve Any More Spot Cryptocurrency ETFs
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September 14, 2024
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On September 14th, Nate Geraci, President of The ETF Store, posted on social media stating that he believes the current US government is unlikely to approve any additional spot cryptocurrency ETFs. He also stated that there are no indications that spot SOL or XRP ETFs are likely to be launched in the next one to two years. He concluded that the outcome, for better or worse, will depend on the outcome of the election.
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