Legend of Arcadiaの‌価格ARCA

Upcoming settlement network Lynq will be powered by the Arca Institutional US Treasury Fund (TFND)

The US Securities and Exchange Commission (SEC) is preparing to tackle a significant influx of cryptocurrency-related exchange-traded fund (ETF) applications. Currently, 72 such proposals are awaiting approval, ranging from funds that track major assets like Solana (SOL), and Dogecoin (DOGE) to more speculative options tied to meme coins and tokens such as the Bonk (BONK), Official Trump (TRUMP), and even Official Melania (MELANIA) token. According to Bloomberg ETF analyst Eric Balchunas, 2025 promises to be a “wild” ride for crypto investors and asset managers alike. The latest development comes as Paul Atkins was sworn into office as the 34th Chairman of the SEC two weeks after he was confirmed by the US Senate. His previous role at the securities regulator saw him championing deregulation, but the rapidly expanding crypto market will likely require him to make some tough decisions, particularly regarding which digital assets qualify as commodities. These choices will have significant implications for whether certain cryptocurrencies can be traded as commodity-based trusts, similar to gold and other traditional assets. Last year, under former SEC Chair Gary Gensler, the commission approved spot Bitcoin and Ethereum ETFs. The move set a precedent that opened the door for other digital assets to seek similar treatment. For its part, the SEC, under acting chair Mark Uyeda, had made it clear in its February statement that meme coins are not typically considered securities. XRP ETFs are part of the 72 applications pending with the SEC. Major asset managers such as Grayscale, 21Shares, Bitwise, CoinShares, Canary, WisdomTree, and Franklin have all submitted S-1 filings to launch these funds in the US. More than 10 asset managers are involved in these proposals. To top that, several exchanges, including Cboe and NYSE Arca, have filed 19b-4 applications with the agency to allow the trading of XRP ETF shares. Meanwhile, betting markets on Polymarket have currently placed the chances of an XRP ETF approval at 70% this year.

Upcoming settlement network Lynq will be powered by the Arca Institutional US Treasury Fund (TFND)

LAYER/USDT PERPETUAL TRADE Result :: SUCCESSFUL Successfully closed at $2.08 With entry proof (see previous post) $LAYER $BTC $ETH $DOGS $PEPECOIN $PONKE $CVX $TON $AUCTION $NEIROETH $SUN $BABYDOGE $COW $ARCA

In April 2025, Bitget, a leading cryptocurrency exchange and Web3 platform, undertook a significant strategic move by delisting several trading pairs from its platform. This decision underscores Bitget's commitment to maintaining a robust and user-centric trading environment. Overview of the Delisting Initiative Bitget announced the removal of specific trading pairs from its spot trading bots and copy trading services. The following pairs were affected: GMEE/USDT ARCA/USDT NUUM/USDT The delisting process was scheduled for April 23, 2025, at 10:00 UTC. Post-delisting, all pending orders associated with these pairs were automatically canceled, and the respective assets were returned to users' accounts. Additionally, users were restricted from creating new bots with these delisted pairs, and existing bots could no longer be published to the Recommended section of the bot copy trading page. Rationale Behind the Delisting Bitget's decision to delist certain trading pairs is rooted in its periodic review process, which assesses the performance and viability of trading pairs based on various factors, including liquidity, trading volume, and market demand. By removing underperforming or less active pairs, Bitget aims to: Enhance trading efficiency by streamlining available options Improve user experience through more stable and liquid markets Maintain platform integrity by mitigating risks tied to low-liquidity assets Implications for Traders For traders using Bitget's spot trading bots and copy trading services, the delisting necessitates a review of their trading strategies. Users are encouraged to: Monitor active bots to ensure they are not linked to the delisted pairs Adjust strategies and reallocate resources to other viable trading pairs Stay informed by regularly checking official platform announcements Conclusion Bitget's proactive approach to delisting certain trading pairs reflects its dedication to providing a secure, efficient, and user-friendly trading platform. By continuously evaluating and optimizing its offerings, Bitget ensures its users have access to the most relevant and high-performing trading opportunities in the dynamic cryptocurrency market.