Will the XRP Spot ETF take off?

The new SEC chairman is about to take office

More than 70 crypto applications are lying in front

With the Senate officially confirming Paul Atkins

As the next SEC chairman

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

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

May undergo a major shift

Currently, the SEC is reviewing 72 various crypto ETF applications

Industry insiders like Bloomberg's Eric Balchunas expect

That many of them are likely to be approved

The number of XRP spot ETF applications

Is higher than any other altcoin

This undoubtedly greatly enhances the bullish case for XRP

Of course, we may have to wait until fall for approval results

But these applications already indicate that the remaining time this year

Could be very favorable for XRP.