Analysis: SEC will open gates for cryptocurrency ETFs such as SOL and XRP

Odaily Planet Daily News: Analysis suggests that the latest guidelines from the US Securities and Exchange Commission may attract a large number of cryptocurrency exchange traded funds (ETFs) investing in Solana, XRP, and even Trump's Meme Coin TRUMP to submit applications, in stark contrast to previous leadership efforts to block Bitcoin ETF approval. Paul Atkins, the new SEC chairman, has provided asset management companies with more details on how to obtain SEC approval for cryptocurrency linked exchange traded products. Although the guidelines are not formal rules, they reflect the current SEC government's more proactive goal in cryptocurrency regulation. （Fortune）