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Crypto enthusiasts have eagerly awaited this moment, and the first major signal has arrived. This news is crucial for altcoins. With 33 ETF applications pending, the SEC has shifted towards a more crypto-friendly stance. Now, one of the barriers to ETF approval is about to be lifted.
Latest on XRP and SOL Coin
CME has prepared the futures trading page for XRP and SOL. If regulatory approval is not hindered, futures for these coins will launch on February 10. An official announcement from CME regarding this significant news may come soon.
Impact on Bitcoin and Ethereum ETF Approval
CME’s early launch of futures has been highly supportive for the approval of Bitcoin 
$104,283 and Ethereum 
$3,260 ETFs. Following CME’s listing, the likelihood of SEC approval for new applications has become significantly more important.
The market may experience a positive sentiment towards these two cryptocurrencies leading up to February 10. If we see SEC Chairman Mark Uyeda, known for his temporary and crypto-friendly stance, making statements about crypto ETFs during this time, it would be even more supportive.
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 conduct their own research.
