The U.S. SEC is undergoing a major transformation! 72 crypto ETF applications are awaiting approval, and the door to institutional investment is about to open!

The U.S. Securities and Exchange Commission (SEC) is experiencing a historic shift in its stance on supporting cryptocurrencies, with as many as 72 cryptocurrency-related ETFs waiting for approval. This change is driven by the Trump administration and may pave the way for institutional investors to enter the digital asset market on a large scale.

Bloomberg's ETF analyst Eric Balchunas revealed that the ETFs in application cover a variety of crypto assets ranging from XRP, Litecoin, to Dogecoin, with 2025 expected to be a 'crazy year' for the crypto market.

With the appointment of Paul Atkins as SEC Chairman, he has promised to prioritize Bitcoin and cryptocurrencies, bringing regulatory clarity. Atkins' appointment is seen by industry leaders as positive news for cryptocurrencies.

Furthermore, the SEC has recently concluded investigations into several crypto companies and has established a dedicated cryptocurrency working group, further enhancing regulatory transparency. This series of changes indicates that the cryptocurrency industry will welcome a more stable and regulated development environment.