Strategic Vision or Organizational Fear?
With the increasing institutional interest in the world of digital currencies, the focus is no longer limited to "Bitcoin" and "Ethereum"; attention is now turning to alternative currencies (Altcoins) like Solana, Polkadot, and Avalanche. Despite the growing demand from investors for the launch of ETF funds based on these currencies, U.S. regulatory bodies, particularly the Securities and Exchange Commission (SEC), have decided to postpone the approval of many of these funds. However, is the postponement merely a regulatory reservation? Or is it a hidden strategy with deeper economic and geopolitical dimensions?
Is there a "political arrangement" for digital currencies?
It is rare to discuss the idea that there is a "political arrangement" for digital currencies, as some currencies are marketed and adopted gradually according to global economic priorities. For example, the Bitcoin ETF was passed after years of waiting, while the Ethereum ETF is still in the approval queue. As for alternative currencies, despite their technical development, they are always placed in a waiting category.
Could it be that regulatory bodies are waiting for a maturing regulatory environment that would allow the introduction of alternative currencies under a stricter system before permitting their widespread trading in public markets?
Deferred Altcoin ETF Funds
The postponement of investment funds freezes part of the institutional liquidity that was supporting emerging blockchain projects.