A Green Light, Then a Red Light: Why the SEC Is Pausing New Altcoin ETFs

The SEC’s Division of Trading and Markets approved the Bitwise 10 Crypto Index Fund (BITW) for conversion into a spot ETF on July 22. But in a confusing twist, the agency’s leadership quickly issued a “stay order,” pausing that same approval for a full review. The BITW fund invests in Bitcoin (BTC), Ethereum (ETH), XRP, […] The post A Green Light, Then a Red Light: Why the SEC Is Pausing New Altcoin ETFs appeared first on Coin Edition.