Will the XRP Spot ETF Take Off?

The New SEC Chairman Is About to Take Office

More than 70 crypto applications are lying before us

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 be on the brink of 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 greater than any other altcoin

This undoubtedly greatly strengthens the bullish case for XRP

Of course, the approval results may not come until fall

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

Could be very favorable for XRP.