TechFlow, May 5 — According to Tokocrypto News, following Donald Trump's victory in the U.S. presidential election, the cryptocurrency industry is entering a new phase of opportunity. Bloomberg analyst Eric Balchunas stated that the approval probability for Solana and Litecoin spot ETFs has reached 90%, while XRP stands at 85%. Major investment firms, including Grayscale, VanEck, 21Shares, Bitwise, and Canary, have already submitted ETF applications for these assets.
The Trump administration has nominated Paul Atkins to succeed Gary Gensler as Chair of the U.S. Securities and Exchange Commission (SEC), which is expected to accelerate the approval process for crypto ETFs. Additionally, Trump signed an executive order in March 2025 to establish a "Strategic Bitcoin Reserve" and a "Digital Asset Reserve," aiming to position the United States as a global cryptocurrency hub. Analysts estimate these initiatives could bring approximately $90 billion in investments to the market.
