Is the #XRPETF XRP Spot ETF about to take off?

The new SEC chairman is about to take office

Over 70 cryptocurrency applications are lying in front

With the Senate officially confirming Paul Atkins

As the next SEC chairman

This veteran of the 'pro-crypto faction' is about to take office

This means that the attitude of U.S. regulators towards the crypto market

May welcome a major 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 higher than any other altcoin

This undoubtedly greatly strengthens the bullish case for XRP

Of course, approval results may have to wait until autumn

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 finally approaches its conclusion

Ripple can now expand its business more aggressively than in recent years

The market generally speculates that it may sign a cooperation agreement with the international payment network SWIFT