The dry without Gary Gensler takes a new direction. The American agency, formerly perceived as cautious in the face of cryptos, seems to want to calm the game. Since the beginning of the year, the reforms have multiplied and the players in the sector are redoubled in efforts for acceleration to continue. An expectation that the regulator seems to have understood well, evidenced by the numerous requests from ETF Crypto recently recognized. A turning point? Possible. Because if the Securities and Exchange Commission finally raises the foot, it may be to better prepare the ground for a regulatory revolution.
ETF Crypto in full effervescence: a wave of approvals in sight?
Since the re -election of Donald Trump, the dry seems to have woken up a long sleep. In just two days, The agency has validated the examination of several files related to ETF Cryptocovering stuking, the options is even certain altcoins. A rain of deposits following the departure of peopleler. A coincidence? Not sure !
February 19, The Nasdaq made a request To set exercise limits on Ishares Bitcoin Trust (IBIT) options of BlackRock, a juggernaut of $ 57 billion in assets.
For his part, CBOE wants to introduce options On the Ethereum Ethereum of Grayscale and Bitwise, as well as ETF XRP for Canary and Wisdomtree. Add to that a request for Allow stings on the Ether Ether de 21Sharesand you get an explosive cocktail for investors.
- 65 % chance that the ETF XRP is approved in the United States, according to Bloomberg Intelligence;
- ETF Litecoin and Solana have even more odds with 90 % and 70 % probability;
- Launch of the Franklin Templeton Crypto ETF, combining Bitcoin and Ethereum.
This sudden softening of the sec is explained by a real desire for normalizationor a simple strategy not to lose your hand? The answer cannot be long.
Towards a new approach to the regulation of cryptos?
Another sign that the wind turns: the dry is closely interested in stuking. Far from demonizing this practice, the regulator asked market players to Provide a memo detailing its mechanisms and advantages.
As Eleanor Terrett, journalist at Fox Business revealed:
“” The agency is very, very interested in Staking. »»
Euphemism that speaks volumes about the change of tone.
This turnaround is not limited to sting. The dry also explores the Creations and redemptions in kind for Crypto ETF. This method, popular with issuers and investors for its tax advantages, is currently prohibited in the United States. But the agency's recent opening onto the subject suggests a possible evolution.
Authorization of Options on Etf Bitcoin paved the way for similar requests for Ethereum. But how far will the agency go?
In January, Cointelegraph reported that many ETF files had been submitted after the resignation of peopleler. Simple coincidence or desire to accelerate before the arrival of a stricter regulator?
In addition, Elon Musk was not asked to charge the dry, demanding an audit of the agency's expenses via DOGE. A strategic pressure stroke? While the dry seems to soften its position on the Crypto ETF, is it to better avoid future sanctions? A case to follow.
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