🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
LATEST NEWS: A claim has emerged that a date change will completely open the way for Altcoin Spot ETFs for the SEC!
Crypto journalist Eleanor Terrett shared a noteworthy development with the public following the observed softening in the attitude of the U.S. Securities and Exchange Commission towards cryptocurrencies. According to Terrett, the SEC, in collaboration with exchanges, is in the early stages of creating a universal listing standard for token-based ETF.
With the new approach, if a token meets the specified criteria, issuers will be able to skip the currently lengthy and detailed process of the 19b-4 application and submit the S-1 form directly. In this case, after a 75-day waiting period, the relevant token ETF can be listed directly on the exchange. Terrett points out that this method can significantly save time and bureaucratic processes for both issuers and the SEC.
However, the specific listing criteria have not yet been clarified. There are various speculations that market capitalization, trading volume, and liquidity could be among the prominent criteria.
SEC refrained from making an official statement regarding the development.
*It is not investment advice.
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