New SEC Chairman Set to Take Office

Over 70 Crypto Applications Awaiting Review

With the Senate's official confirmation of Paul Atkins

As the next SEC Chairman

This veteran supporter of crypto is about to take office

This means that the U.S. regulatory stance on 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 greater than that of any other altcoin

This undoubtedly strengthens the bullish case for XRP

Of course, it may take until autumn for approval results

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

Is crucial for XRP.