• SEC makes futures contracts the primary requirement for crypto ETF approvals.
• CFTC becomes the main gatekeeper deciding which assets get futures trading.
• No market cap, liquidity, or float requirements exist under the current framework.

The SEC has effectively transferred crypto ETF approval authority to the CFTC by establishing futures contracts as the primary qualification standard for digital asset exchange-traded products. Bloomberg analyst James Seyffart described this arrangement as “pseudo-outsourcing” decision-making power to the derivatives regulator.

Under the proposed listing standards, cryptocurrencies need only show six months of futures trading on the Coinbase derivatives exchange to qualify for ETF inclusion. This framework removes traditional investment product requirements and places the CFTC in control of which assets can access ETF structures.

The post SEC Pseudo-Outsources Crypto ETF Decisions to CFTC Through Futures Rule appeared first on Coin Edition.

• SEC makes futures contracts the primary requirement for crypto ETF approvals.
• CFTC becomes the main gatekeeper deciding which assets get futures trading.
• No market cap, liquidity, or float requirements exist under the current framework.

The SEC has effectively transferred crypto ETF approval authority to the CFTC by establishing futures contracts as the primary qualification standard for digital asset exchange-traded products. Bloomberg analyst James Seyffart described this arrangement as “pseudo-outsourcing” decision-making power to the derivatives regulator.

Under the proposed listing standards, cryptocurrencies need only show six months of futures trading on the Coinbase derivatives exchange to qualify for ETF inclusion. This framework removes traditional investment product requirements and places the CFTC in control of which assets can access ETF structures.

The post SEC Pseudo-Outsources Crypto ETF Decisions to CFTC Through Futures Rule appeared first on Coin Edition.