The US SEC has voted to establish a clear ETF framework, excluding Bitcoin ETFs

On September 26, the US Securities and Exchange Commission (SEC) announced that it has passed a new amendment to make exchange-traded funds by establishing a clear and consistent framework for the vast majority of ETFs currently operating ( ETF) regulatory modernization. This adoption will promote competition and innovation in the ETF market, thus providing investors with more choices. It will also make ETFs more time-to-market and require no time or money to apply for personal tax exemptions.