Avalanche, Sui, and Bonk ETFs Challenge SEC Boundaries as Issuers Dive Into High-Risk Crypto Waters
Wall Street's latest crypto gambit pushes regulators to the brink.
ETF issuers just upped the ante—targeting Avalanche's scalable ecosystem, Sui's emerging tech stack, and meme coin Bonk's volatile momentum. They're betting the SEC's resistance crumbles under institutional demand.
These aren't your grandfather's Bitcoin funds. Avalanche brings sub-second finality, Sui offers novel consensus mechanics, and Bonk... well, it rode a 15,000% pump last cycle. Traditional finance meets degenerate crypto yields.
The SEC faces a dilemma: approve and legitimize speculative assets, or reject and push innovation offshore—again. Meanwhile, issuers smell blood in the water after Bitcoin and Ethereum ETF victories.
Another day, another attempt to package internet memes as 'investment products' for retirement accounts. What could go wrong?