The NYSE has submitted a proposal to the SEC for a new ETF from Trump Media & Technology Group, aiming to track Bitcoin and Ethereum’s performance. With 75% allocation in Bitcoin and 25% in Ethereum, this ETF reflects growing interest in cryptocurrency investment.
The SEC’s review of the NYSE’s filing signifies an evolving regulatory landscape in favor of cryptocurrencies. This comes after the appointment of pro-crypto officials, showcasing a shift towards accepting digital assets in mainstream finance.
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