The exporters of the exchange funds fund on the stock exchange (ETF), 21 Shares and Canary Capital sent a letter to the US Securities and Stock Exchange Committee (SEC) urging the “First-Tofle” principle to approve the ETF requests in the order that was submitted to the regulator.

Companies have argued that by failing to adhere to the principle of the first to the file, the default process for approval of demand for the first time in the CRYPTO investment funds, SEC reduces health competition and hinders financial innovation. The message says:

“The low incentive to develop leading products has broader effects. It reduces the selection of investors, establishes the efficiency of the market, mainly undermines the mission of the committee represented in protecting investors, maintaining fair, organized and effective markets, and facilitating capital formation.”

“The ongoing global leadership of the United States is related to financial innovation deeply related to organizational frameworks that support and reward entrepreneurship, creativity and real innovation.”

Digital assets files accelerated after the opening of US President Donald Trump, as asset managers and encryption companies rushed to obtain new investment vehicles in anticipation of the friendly organizational climate in the United States.

Related to: SEC to form a encryption policy with “notice and comment”, says Atkins

SEC delays savings -related decisions, Altcoin Etfs with Multiply Applications multiply

Although the institutional interest in Altcoin and ATK Atfs continues to grow and the ETF files continued to double, SEC has delayed its decision on many investment funds circulating in Altcoin and Crypto.

In May, the organizer postponed his decision to include Solana (Sol) Solana (Sol) of October.

SEC officials also delayed approval of the investment funds circulating in residence and XRP (XRP) in May, a development that has not surprised analysts.