The SEC must give verdict to about 72 applications for ETF crypt this year

Paul Atkins arrives at the US Stock Regulatory Entity with 72 requests crypt on the table, so it will be a decisive year for this type of products based on digital currencies.

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• The new head of the American regulator will have to decide on ETF linked to more than 15 cryptocurrencies.
• Solana, XRP and Dogecoin They highlight among the applications with the greatest amount of presentations.
• There are also products based on other tokens and memecoins, as well as derivatives.
• Analyst Eric Balchunas warns that it will be a “Wild year” for cryptocurrency -based ETFs.

After confirmation by the US Senate, Paul Atkins prepares to assume office as president of the US stock and securities commission (sec). Although the agency’s own responsibilities and work must assume, to this more than 70 requests of quoted funds (ETF) related to cryptocurrencies are added, which they expect by approval.

This was detailed by the analyst Bloomberg, Eric Balchunas, who accounted for the total amount of ETFs that they now expect for the approval of ATKINS and the new administration of the Sec. “It will be a wild year”, He wrote on the social network, referring to the magnitude of accumulated crypto requests that the regulator must analyze.

There are now 72 Crypto-Related Etfs Sitting with the Sec Awaiting Approval To List Or List Options. Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and EveryThing in Between. Gonna Be a Wild Year. Great Roundup from @Jseyff pic.twitter.com/ihtqqxeh35

– Eric Balchunas (@ericbalchunas) April 21, 2025

A new regulatory cycle with crypto flavor

The arrival of Atkins occurs in a moment of growing pressure by fund emitters to expand the offer of financial products linked to digital assets. According to the report of Bloomberg, There are currently 72 Active ETF applications in the country.

These requests include proposals ranging from products based on Solana (Sol) even more speculative versions such as ETF focused on memecoins, including Bonk, Pengu and a currency called “Official Trump”.

In addition, issuing firms have requested authorization to launch financial options on existing ETFs, which reflects greater maturity of the sector in its attempt to achieve financial mainstream.

Paul Atkins is not a newcomer to the regulatory entity. He was already commissioned in previous years and is known for his position in favor of deregulation. However, now you will have to make unpublished decisions: Define which cryptocurrencies can be classified as goods and, therefore, be eligible to quote in products in products such as gold.

Atkins was nominated by President Donald Trump and confirmed by vote of the Senate Two weeks ago. Its swear, scheduled for the next few days, will mark the official start of a new stage that could be crucial for the digital asset industry.

Gensler’s legacy and unresolved dilemmas

Atkins’ appointment occurs just months after his predecessor, Gary Gensler, approved the first ETF in cash of Bitcoin (BTC) and Ethereum (eth). That milestone was celebrated as a step forward for the legitimation of the crypt in Wall Street.

During the interim management of Mark Uyeda, the regulator issued contradictory signals. In February, the entity declared that it does not consider Memecoin as values ​​in general terms, but did not offer a clear guide on suitability to structure as financial products in regulated bags.

One of the most pending applications is that of an ETF based on XRP. The agency decided to postpone its resolution in March, which allows it to postpone a final decision until mid -October. This means that the new president will not have to rule immediately, although the pressure to act in a consistent and timely way will not disappear.

In addition to XRP, Other assets in the waiting list include Dogecoin (Doge) and tokens with mass user bases such as Solana (sun), that seek to gain space in the institutional financial world.

A decisive 2025 the crypto sector in regulatory terms

The loading of applications tests not only the opening of Atkins towards cryptocurrencies, but also the institutional capacity of the regulator to adapt its frameworks to a sector that evolves faster than the rules that contain it.

Although there are still no official statements by Atkins on how this mountain of applications will address, the crypto market and the ETF issuers are attentive to each movement.

What is at stake is not only the approval of new financial products, but the framework that will define the role of digital assets in the global economy in the coming years.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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