🚨 SEC Commissioner Pushes Back on Crypto ETFs – XRP ETF Odds Fade

🏛 As the crypto industry pushes forward with ETF innovation, internal resistance within the U.S. SEC is becoming increasingly visible.

📊 Over 13 internal votes on crypto ETPs—including those tied to $BTC & $ETH—have passed with a 3-1 margin. The lone dissenter? Commissioner Caroline Crenshaw.

📉 Crenshaw’s consistent “no” votes and recent criticisms signal a firm opposition to the evolving crypto ETF landscape—particularly the XRP ETF.

⚠️ She’s not just opposing ETFs:

▫️ Criticized SEC guidance on liquid staking as "legally fragile"

▫️ Called stablecoin guidance "factually flawed" and misleading

📢 While in-kind redemption approvals for BTC & ETH ETFs are being seen as infrastructure wins, Crenshaw’s resistance could become a major regulatory roadblock—especially for future products like the XRP ETF.

🌐 As the battle lines form inside the Commission, the future of crypto ETFs may hinge not only on market readiness—but internal politics.

#Crypto #Blockchain #ETFs #Regulation #SEC

https://coingape.com/sec-commissioner-opposes-crypto-etfs-xrp-etf-approval-odds-drop/?utm_source=bnb&utm_medium=coingape