CandleFocus XRP, DOGE, Solana, Litecoin: ETF Store President Speaks Out on SEC
2025-02-21
Author: Content Editor
The cryptocurrency market has been closely following the approval of exchange-traded funds (ETFs) for various cryptocurrencies. After Bitcoin and Ethereum ETFs were approved, attention has turned to other popular assets like Dogecoin, Litecoin, Solana, and XRP. Nate Geraci, the president of ETF Store, expressed uncertainty about what the SEC will do but noted that he is pleased with the acknowledgement of filings for Bitcoin and Ethereum ETFs and the reconsideration of staking in Ethereum ETFs. Geraci believes that this approach of regulation through conversation is more constructive than enforcement and denial. If approved, ETFs would allow investors to access alternative cryptocurrencies through a regulated stock market without the need for private keys or crypto wallets, which could facilitate institutional adoption. Despite the progress, there is still uncertainty and a lack of clear timelines or guarantees. Patience is essential at this stage.
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