James Seyffart: Difference between 33 act ETP and 40 act ETF questioned

James Seyffart: Difference between 33 act ETP and 40 act ETF questioned
33 act ETP versus 40 act ETF rules

James Seyffart questions the reasoning behind distinctions made between a 33 act exchange-traded product (ETP) and a 40 act exchange-traded fund (ETF).

He points out that the 33 act ETP offers fewer protections compared to a 40 act ETF, a fact well known within the industry. Seyffart suggests the issue may relate to competition in the marketplace, emphasizing that nothing substantive has changed regarding these regulatory differences.

Seyffart has previously argued that ethics and insider trading regulations should be applied equally to stocks and crypto assets, advocating for simple, market-wide standards in a recent commentary. He has also commented on major crypto launches, stating that DRAM's debut rivals or surpasses IBIT based on its performance, according to his analysis of recent market activity. These points reflect his continued focus on regulatory consistency and robust industry practices.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.