#XRPETF New SEC Chair to Take Office Soon

Over 70 Crypto Applications Awaiting Review

With the Senate's formal confirmation of Paul Atkins

as the next SEC chair

this veteran who supports crypto is about to take office

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

may undergo a significant 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 spot ETF applications for XRP

is higher than any other altcoin

This undoubtedly greatly strengthens the bullish case for XRP

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

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

could be significant for XRP.