#五月行情预测# Last week, Paul Atkins became the chairman of the SEC, and upon taking office, he had more than 70 applications for Crypto Assets exchange-traded funds (ETFs) waiting for review. Now he has delayed the rulings on multiple ETF proposals until June.

Only Grayscale has applied to track funds for Solana, Cardano, XRP, Dogecoin, Litecoin, and Avalanche.
Bit wants to get the ETF based on Dogecoin and Aptos approved, while Canary Capital is even more aggressive, having submitted applications for Penguin and Sui. Recently, they also launched a staking type TRX (Tron) product, which even has a yield generation feature.
Now institutions are frantically submitting applications for altcoin ETFs. Why? It's to hype, tell stories, and attract natural traffic. Once the visibility increases, it can attract more users, and project parties can also earn more money. Altcoin ETFs follow the same principle.
According to the report by Cb and EY in March 2025, nearly 83% of institutional investors plan to increase their allocation to digital currencies this year, with many looking to invest over 5% of their managed assets. For instance, Solana has a super-fast transaction speed, and its DeFi ecosystem is constantly evolving, which is highly efficient and easy to explain. XRP focuses on cross-border payments and has specific application scenarios, making it easy to explain to institutional investors. Moreover, smaller market cap crypto assets have significant growth potential, which is very attractive to ETF issuers. Although Bitcoin and Ethereum are stable, their market capitalization is at the trillion-dollar level, so there is limited room for growth. Therefore, the applications for altcoin ETFs are now unstoppable. As long as the applications are approved in June, the spring for altcoins is highly likely to come.