The Chicago Board Option Exchange (CBOE) has filed to list the shares of more expanded states of the proposed Stacked Injective Exchange-Trade Fund (ETF) of Canary Capital.
CBOE’s 19B-4 filing, presented on Monday, reported a stacked injection (injury) token funds by Canary Capital, immediately after the S-1 application for the token fund, Cointelegraph said.
The purpose of the fund is to earn a staging award by offering verification services using the “approved staging platform”.
If approved, it will be the thread stored altcoin ETF on June 30, after the approval of Stacked Solna (Sol) and Stacked Ether (ETH) ETF.
Under the administration of US President Donald Trump, a more favorable regulatory environment comes, which has supported innovation in crypto-based investment vehicles.
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The ETF filing from the second canary capital and CBOE is formally. Once accepted, there will be a time limit for the initial response in seconds, which usually occurs between 30 and 45 days or early September.
However, the secood full review period can extend up to 240 days, which means that the final decision of the stacked injury ETF in March 2026 can only come com.
In an important decision in May, the second staging does not violate the securities laws. The new guidance marked a “major step forward” for the US Cryptocurrency industry, according to Ellison Mangiero, the head of the staging policy at the Crypto Council for Innovation.
He said, “Seconds now recognized that we argue for a long time: Stacking is a main part of how modern blockchains operate, not an investment contract,” he said “this” is important. ,
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ETF inflow can cause injury
If approved, the ETF of Canary Capital will give a risk to traditional investors to the injectable protocol tokens, which powerfully increases liquidity and cibibality for the property.
The ETF flow utility tokens can help reproduce its previous all-time high at high $ 52, which was recorded on 14 March 2024 a year ago. At $ 15.10 at the time of writing, cointelegraph data show.
For Bitcoin (BTC), ETF Inflow was responsible for the first 75% new investment of cryptocurrency in the world, when its price in February 2024 BTC ETF exceeded $ 50,000.
However, the market reaction to the spot ETFs of the Etharium has been more silent.
From $ 3,441 on July 23, on 23 July from $ 3,441, on August of $ 2,116, the price of Ether fell over 38% in two weeks. 5, before it starts recovering, tradingview data show.
The outflow of Ether ETF (ETEE) of Grassscale added significant sew protection for the world’s second -biggest cryptocurrency. To date, the fund has realized a net negative outflow of more than $ 4.3 billion, as the only Ether ETF issuer in Red, Persian Investors Data Show.
https://www.youtube.com/watch?v=dbyvwy_br7q
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