The US SEC is nearing the finish line in approving ETF share classes for mutual funds.
ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that Katilyn Bottock, Assistant Director of the Investment Management Division at the U.S. Securities and Exchange Commission (SEC), stated that the SEC is close to the finish line in approving ETF share classes for mutual funds. Currently, about 65-70 companies are planning to move forward with this matter, with total assets under management reaching several trillions of dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange
Trending news
MoreCrypto prices
More
