SEC Faces Flood of 90+ Crypto ETF Applications - XRP and Solana Lead the Charge
Wall Street's stampede into digital assets hits new frenzy as regulatory gates strain under pressure.
The ETF Gold Rush
Over ninety cryptocurrency ETF proposals now clog SEC review queues—a number that screams institutional FOMO more than thoughtful portfolio strategy. XRP and Solana ETFs dominate the pipeline, reflecting trader demand rather than fundamental value propositions.
Regulatory Gridlock
The SEC's inbox resembles a crypto bull's shopping list. Each filing represents another Wall Street firm scrambling to package digital volatility for mainstream consumption—whether the market needs it or not.
Behind the Numbers
Ninety-plus applications means ninety-plus fees waiting to be harvested from investors. The real innovation? Finding new ways to charge 2% management fees for assets that trade freely on exchanges for pennies.
When speculation meets traditional finance, everyone wins—except maybe the investors holding the bag when the music stops.
