Since Donald Trump's re-election, asset managers have filed applications with the U.S. Securities and Exchange Commission (SEC) to create exchange-traded funds (ETFs) for various altcoins, including Solana, XRP, and Dogecoin. Currently, the SEC permits ETFs that invest directly in Bitcoin and Ether. Crypto traders anticipate that under the new administration, the approval of altcoin ETFs might occur, potentially driving their prices up.
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Since Donald Trump's re-election, asset managers have filed applications with the U.S. Securities and Exchange Commission (SEC) to create exchange-traded funds (ETFs) for various altcoins, including Solana, XRP, and Dogecoin. Currently, the SEC permits ETFs that invest directly in Bitcoin and Ether. Crypto traders anticipate that under the new administration, the approval of altcoin ETFs might occur, potentially driving their prices up.
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