《Shaobing ETF is not completely approved》
Early in the morning, I saw that the Dajianzhong community was boiling because of the approval of Shaobing ETF.
But as usual, the Jianzhong community does not read the original text.
At present, the SEC has only approved the 19B-4 document, and Shaobing ETF cannot be traded yet.
So when can it be traded?
ETF issuers need to register S-1 documents.
This process is very labor-intensive and may take from a few weeks to more than 3 months.
Don't start shouting that you have been fooled again after a few days of no movement.
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