Bloomberg Analyst: US SEC Allowing On-Chain Stock Trading Will Not Significantly Impact Crypto ETF Market Share
Jinse Finance reported that there is news today suggesting that the US Securities and Exchange Commission may allow stocks to be traded on the blockchain like cryptocurrencies. In response, Bloomberg Senior ETF Analyst Eric Balchunas analyzed on the X platform that the scale of on-chain stock trading may not be as large as imagined, because crypto-native users already have their preferred ways to purchase investment products, so it will not have a significant impact on the market share of crypto ETFs.
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