SEC management changed and Gensler resigned. Moreover, Mark Uyeda will lead the SEC until Paul Atkins is confirmed by the Senate. This is great news because Mark is a name that constantly criticizes the SEC for its attitude towards cryptocurrencies and paved the way for the new era by voting yes in the BTC ETF approval process. So which ETFs were applied for?
Cryptocurrencies Applied for ETF
Bitcoin $104,876.5 And Ethereum 
$3,292.2 While it has been approved, we need to see more ETF approvals for institutional, professional investors to safely enter crypto. Altcoin ETFs are quite important at this point. SOL, XRP, LTC, DOGE and even TrumpCoin There are already ETF applications for many cryptocurrencies such as.
Once these ETFs are approved, the alternative will increase for investors focusing on greater profit opportunities in altcoins.
All above cryptocurrency You see ETF applications. In addition to altcoin baskets, the list also includes crypto exchanges such as HBAR and BONK. There are processes that have started for leveraged ETF applications for XRP Coin. This means that the liquidity in the cryptocurrency markets is increasing.
DOGE and SOL Coin Review
Ali Charts shared the chart below and pointed out the falling wedge for DOGE. This means we could see a new breakout towards $0.39. Although taking back the $0.4 threshold will help us get back to the $1 route, risk appetite in general for cryptocurrencies is weak for now.
Despite Trump, investors who have not yet seen any major concrete steps prefer to stay on the sidelines. Here, the disappointment caused by erroneous reports that crypto-related things will be included in the decrees coming on the first day is undeniable.
The analyst with the pseudonym Trader Tardigrade also SOL Coin He wrote that the price will soon continue to $312 due to the exploding megaphone pattern on the chart. SOL Coin is stalling at $256 at the time of writing. This recession should now cause a massive boom in all altcoins because BTC It started closing again at six-digit levels.
Consolidation at new highs would also lead to increased risk appetite in altcoins, and this has not yet fully begun with BTC reaching 6 digits.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
