#DinnerWithTrump After his confirmation by the U.S. Senate on April 9, Paul Atkins, who was nominated by President Donald Trump to head the U.S. Securities and Exchange Commission (SEC), officially took office this Monday, April 21. He will face many challenges and tasks at the helm of the agency.
Among them, Atkins will be responsible for analyzing and, if applicable, approving or rejecting along with his team the largest number of cryptocurrency ETF applications ever recorded in the agency's history, which have been pending for several months.
According to market analysts, several of these applications have a high probability of receiving SEC approval, especially considering the growing institutional interest in digital assets during President Trump's administration.
Historically, the SEC had been cautious regarding cryptocurrencies, even postponing or rejecting several applications in recent years. However, the market has exerted constant pressure, especially after the success of the first Bitcoin ETFs approved in January 2024. This factor led Donald Trump to appoint a market-friendly individual to the presidency of the SEC, Paul Atkins, who has now taken office at the SEC. But how many and which cryptocurrency ETF applications are pending approval?
Variety and quantity
According to official figures reported by agencies such as Reuters and Bloomberg, among the most requested assets by managers are Bitcoin and Ethereum, which combined have a total of 7 ETF applications registered. So far, the only cryptocurrency ETFs that are traded on the stock market are precisely those of Bitcoin and Ethereum, with the well-known success of Bitcoin ETFs in the financial world.
Additionally, there are applications from managers for ETFs in Solana, with a total of 12 ETF applications pending analysis by the SEC. It is worth mentioning that just a few weeks ago
Among them, Atkins will be responsible for analyzing and, if applicable, approving or rejecting along with his team the largest number of cryptocurrency ETF applications ever recorded in the agency's history, which have been pending for several months.
According to market analysts, several of these applications have a high probability of receiving SEC approval, especially considering the growing institutional interest in digital assets during President Trump's administration.
Historically, the SEC had been cautious regarding cryptocurrencies, even postponing or rejecting several applications in recent years. However, the market has exerted constant pressure, especially after the success of the first Bitcoin ETFs approved in January 2024. This factor led Donald Trump to appoint a market-friendly individual to the presidency of the SEC, Paul Atkins, who has now taken office at the SEC. But how many and which cryptocurrency ETF applications are pending approval?
Variety and quantity
According to official figures reported by agencies such as Reuters and Bloomberg, among the most requested assets by managers are Bitcoin and Ethereum, which combined have a total of 7 ETF applications registered. So far, the only cryptocurrency ETFs that are traded on the stock market are precisely those of Bitcoin and Ethereum, with the well-known success of Bitcoin ETFs in the financial world.
Additionally, there are applications from managers for ETFs in Solana, with a total of 12 ETF applications pending analysis by the SEC. It is worth mentioning that just a few weeks ago