#五月行情预测 Last week, Paul Atkins became the chairman of the U.S. Securities and Exchange Commission (SEC). As soon as he took office, he had over 70 applications for Crypto Assets exchange-traded funds (ETFs) awaiting review, and now he has postponed the decisions 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, and recently launched a staking product for TRX (Tron) that even has income generation features.
Now institutions are frantically submitting applications for altcoin ETFs. Why? It's for hype, to tell stories, and to attract organic traffic. With increased visibility, they can attract more users, and the project teams can earn more money. The same logic applies to altcoin ETFs.
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 example, Solana has a super-fast transaction speed, and the DeFi ecosystem is constantly evolving, making it very efficient and easy to explain. XRP focuses on cross-border payments with specific application scenarios, making it easy to explain to institutional investors. Additionally, smaller crypto assets have significant growth potential, making them highly attractive to ETF issuers. Although Bitcoin and Ethereum are stable, their market capitalizations are at the trillion-dollar level, limiting their upward potential. Therefore, the application for altcoin ETFs is now unstoppable. As long as the application is approved in June, the spring for altcoins is likely to come.