,๐ What Happened?
The SEC just did a shocking U-turn on its earlier approval for the multi-crypto ETF that included
$XRP ,
$SOL and
$ADA โ calling it a โprocedural errorโ in the initial greenlight
.
This ETF was being hyped as a game-changer โ the first-ever spot ETF to include major altcoins alongside Bitcoin. But now?
โ Paused Indefinitely.
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๐ Market Reaction:
$XRP : -10% ๐ป
$SOL : -6.5% ๐ป
$ADA : -8% ๐ป
Over $800M in long positions liquidated, mainly from altcoins
Altseason delayed โ the bullish momentum many hoped for has been completely crusher
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๐ฌ Community Response:
Investors and analysts are furious โ calling it another case of the SECโs unpredictable behavior. Confidence in U.S. regulatory consistency is dropping, fast.
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๐ Current Prices (24h):
SOL: $191.06 (+0.44%)
ADA: $0.835 (+1.9%)
#SECvsCrypto #AltcoinCrash #CryptoNews #XRPArmy #Solana #ADA #BitcoinCrash #CryptoETF
#SECvsCrypto #AltcoinCrash #CryptoNews #XRPArmy #Solana #ADA #BitcoinCrash #CryptoETF #CryptoMarket