As we experience a new crypto crash today, the blockchain world is overdrive as Wall St. jockeys for position in the crypto ETF filing race, anticipating a post-Gensler SEC with Trump.
Gary Gensler’s upcoming resignation marks the end of an era, and firms like Tidal Financial Group, ProShares, CoinShares, and VanEck are wasting no time staking claims in a shifting regulatory landscape.
Some more hopium:
- Paul Atkins, the new SEC head, will likely be friendlier to us baggies.
- Proshares, VanEck, Canary, Coinshares, and Bitwise have all filed to make ETFs based around XRP and Solana.
- Trump’s new meme coins $TRUMP and $MELANIA are making crypto mainstream again.
Keep the faith, and hold your bags tightly.
Forget the Crypto Crash Today: A New Wave of ETF Filings Is Coming
This week saw a torrent of crypto ETF filings, hinting at a fresh wave of optimism crashing through institutional finance.
Bloomberg analyst James Seyffart highlighted the eclectic mix of strategies and assets, a testament to the market’s relentless evolution and expanding depth.
Meanwhile, Gary Gensler’s exit from the SEC caps a tenure marked by relentless skirmishes with the crypto world. His reign saw high-profile legal battles with Coinbase and Ripple Labs, as well as a stubborn blockade on Bitcoin ETFs—broken only by a court order. His mantra was to highlight the risks posed by intermediaries and altcoins—a polarizing legacy, to say the least.
“In a sector so tied to sentiment and detached from fundamentals, regulatory vigilance is critical,” Gensler said during a recent Bloomberg interview.
Trump’s SEC nominee, Paul Atkins, is positioned to roll back the regulatory noose left by the outgoing administration. Trump praised Atkins as a “common-sense” reformer, spurring hope for crypto-friendly policies.
Markets took the hint—Bitcoin
Bitcoin
2.64%
Bitcoin
BTC
Price
$62,200.19
2.64% /24h
Volume in 24h
$27.93B
Price 7d
ticked up 2.3%, cracking the $107,000 threshold in anticipation.
Atkins’ era could open the door for crypto ETFs, giving investors new tools and drawing institutional cash, reshaping the industry’s trajectory in the process.
Crypto in 2025: A Second Chance For Generational Wealth
Guys, I haven’t been here long. I bought into crypto in 2019, and my bags are small compared to others, but I have some thoughts.
First, I will slurp every dip until BTC goes over $1 million per token.
Second, I know 9-5 stackers like me will have to wait before we make it. But I don’t think it’ll be as long as we fear. Crypto is now in the public consciousness; Trump is very pro-crypto (by choice or pressure).
I call this the $TRUMP pattern. pic.twitter.com/ImPnZCMDwJ
— lynk (@lynk0x) January 19, 2025
And if you’re an altcoin holder: when crypto begins to moon during Trump’s second term (make no mistake, it WILL moon), people who are priced out of buying Ethereum and Bitcoin will turn to altcoins. Why? The price.
Normies won’t know the lore, and they won’t have hours of schizoposting behind them. But they WILL know the top cryptocurrencies that are cheaper than Bitcoin and Ethereum.
We are ALL getting out of the wage cage by 2030. Every last man and woman here.
EXPLORE: 10 Coins with High Returns: Crypto Forecast 2025
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