Summary: As Gary Gensler's tenure as chair of the SEC ended, there was a surge in cryptocurrency exchange-traded fund (ETF) applications in the US. At least five new filings were submitted, including proposals for ETFs focused on debt securities tied to digital assets, a Solana Futures ETF, a CoinShares Digital Asset ETF, and an actively managed Onchain Economy ETF. The timing of these filings suggests anticipation of a more favorable regulatory environment under incoming SEC leadership. Speculation is also growing that Donald Trump's return to the presidency could lead to executive orders easing restrictions on the crypto industry. Furthermore, XRP reached an all-time high ahead of Gensler's exit, possibly due to anticipation of an XRP ETF approval and potential policy shifts. Despite Gensler imposing a $38 million fine on the Digital Currency Group on his last day, industry leaders remain optimistic about the future of crypto regulation in the US.



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