The Crypto Market on the Brink of a New Revolution

New Funds Coming Soon.. Those who enjoyed what was called the "Crypto Summer" may not need to worry about the arrival of autumn. The top financial regulator in the United States is preparing to make a decision on how to launch exchange-traded funds in the spot market for digital currencies, a step that could pave the way for a wide wave of new products.

Meanwhile, the U.S. Securities and Exchange Commission may grant its approval by late September for new listing standards for exchange-traded commodity and digital currency products, paving the way for the introduction of a range of new offerings that the sector has long sought to provide.

Currently, there are several regulatory pathways moving in parallel, some of which will enable the acceleration of approvals for other pathways. For example, approval of the listing standards could expedite the process of approving exchange-traded funds tied to "Solana" (SOLUSD) and "Ripple" (XRPUSD), which are already undergoing existing regulatory procedures.

The wave of regulatory applications submitted in recent weeks illustrates the scale of products that may soon be available to investors, which not only includes funds based on Solana and Ripple but also currencies such as "Trump Coin" (TRUMPUSD) and "Dogecoin" (DOGEUSD), in addition to lesser-known currencies like "Jitosol" (JITOSOLUSD).$BTC $XRP #NewHighOfProfitableBTCWallets #比特币盈利钱包数量新高