VanEck, 21Shares, and Canary Call on SEC for Equal Consideration in Crypto ETF Approvals: Seeking a Return to 'First to File, First to Approve' Policy
In response to the SEC's uniform approval date for all spot Bitcoin ETFs, industry leaders VanEck, 21Shares, and Canary Capital criticize the policy for disadvantaging smaller firms and potentially stifling innovation in a market that thrives on unique offerings. This policy change, they argue, could lead to a homogenized market environment that favors large, established players over newer, more innovative entrants.
Chris Wilson