#XRPETF Chairman is about to take office

Over 70 cryptocurrency applications are lying in front

As the Senate officially confirms Paul Atkins

As the next SEC chairman

This 'pro-crypto' veteran is about to take office

This means that the U.S. regulatory attitude towards the crypto market

May undergo a significant shift

Currently, the SEC is reviewing 72 various cryptocurrency ETF applications

Industry insiders like Bloomberg's Eric Balchunas expect

Many of these are likely to be approved

The number of XRP spot ETF applications

Is more than any other altcoin

This undoubtedly greatly strengthens the bullish case for XRP

Of course, it may take until autumn to get approval results

But these applications have already shown that the remaining time this year

Could be very favorable for XRP

In fact, as the case between Ripple and the SEC is finally nearing its end

Ripple can now be more proactive than in recent years