Donald Trump's expected changes to key positions within the SEC and CFTC are predicted to have a positive impact on the cryptocurrency industry. The nomination of Paul Atkins to head the SEC is awaiting Senate confirmation. Bitwise's Chief Compliance Officer, Katherine Dowling, believes that the SEC's new crypto task force will be productive. Dowling also mentions that the SEC is waiting for guidance on ongoing lawsuits, indicating that new leadership may lead to a different perspective on these cases. The security nature of altcoins like Solana and XRP is still up for debate, but Dowling believes that clarity under the new SEC chairman may lead to ETF approval. She adds that a Dogecoin ETF could be easier to approve as the SEC has not considered DOGE a security. Lastly, Dowling suggests that a Bitcoin and Ethereum combination ETF could receive quick approval.
Content Editor ( en.bitcoinsistemi.com )
- 2025-02-05
Bitwise Says "Key to ETFs Will Be New SEC Chair", Says Surprise Altcoin Could Get Approval Easier Than Solana and XRP
