Van Eck, 21 Shares, and Canary Demand a More Equitable ETF Approval Process

In their call for action, Van Eck, 21Shares, and Canary urge the SEC to revisit its ETF approval methodology. They assert that ensuring equal footing for all applicants, regardless of size or market history, is essential to driving innovation and expanding investor choice in the crypto ETF market. Their letter reflects broader industry frustration and could influence future regulatory discussions on cryptocurrency finance products within the US.