In brief
- Incoming SEC Chair Paul Atkins will have more than 70 crypto ETF hopefuls to review when he begins in the role.
- Funds pegged to Dogecoin, Pengu, Solana, XRP, and the Melania meme coin are all in the mix.
- After punting on XRP ETFs in March, the agency can delay its final decision until mid-October.
Incoming SEC Chair Paul Atkins will have an avalanche of crypto-related applications to sift through when he officially takes control of the regulator.
Hopeful issuers now await feedback on 72 crypto-linked exchange-traded funds in the U.S., including requests to list options, according to Bloomberg ETF analyst Eric Balchunas.
“Gonna be a wild year,” he said on X, formerly Twitter, on Monday, noting ETF hopefuls have positioned…