Today marks the final full day for Gary Gensler at the SEC, and the ETF industry has quickly responded with a wave of filings, including XRP and Solana Futures ETFs.
Crypto ETFs and Leadership Change
The leadership shift in the SEC initiates a surge of crypto ETF filings. With Gensler stepping down, Paul Atkins is likely to take over. Significant filings include XRP and Solana Futures ETFs.
New ETF Filings
In the past 48 hours, the ETF industry has submitted numerous new fund filings, including VanEck Onchain Economy ETF and ProShares Leveraged & Inverse XRP ETFs. ProShares has also filed for XRP and Solana Futures.
Future of Crypto ETFs: Expert Forecasts
Institutional investors are driving the filing process forward, hinting that 2025 could be a game-changing year for crypto ETFs. The influence of such players and their connections to Wall Street and Washington signal potential major shifts.
With Gensler's departure from the SEC, crypto ETFs are gaining new momentum that could herald significant market changes in the coming years.