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October Surprise After SEC Crypto ETF Filings 19b-4 Withdrawal
October Surprise After SEC Crypto ETF Filings 19b-4 Withdrawal
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BTCCSquare news:
The U.S. Securities and Exchange Commission has abruptly withdrawn its 19b-4 filings for cryptocurrency ETFs, catching the market off guard. This regulatory pivot introduces fresh uncertainty for investors anticipating landmark approval of crypto-based investment vehicles.
The MOVE represents a significant shift in the SEC's posture toward digital asset products. Market participants had been positioning for potential ETF approvals that could have opened floodgates for institutional capital.
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