On July 30, ETF analyst at Bloomberg Eric Balchunas reported that the SEC is considering approving digital assets that hold a stable share in the futures market as the basis for a Spot ETF. The new standard requires that digital assets be actively traded on the futures contracts market for at least 6 months. This means that the maturity of the futures market will become an important criterion for the approval of the Spot ETF. Additionally, the SEC will refer to data from derivatives from one large crypto asset platform that is considered more representative of the market, as it encompasses data on native futures and other core futures markets. This structure has allowed the CFTC to play an important role in determining which coins meet the requirements.

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