Episode 394
📍 The SEC may soon cross a regulatory "Rubicon" by approving spot crypto ETFs for assets like XRP, Solana, and Dogecoin, opening the floodgates for new products.
📍 A key hurdle is the lack of regulated futures markets for these assets, but some regulators argue this isn't a requirement, citing examples from Germany and Switzerland.
📍 Bitwise CEO Matt Hougan predicts the SEC could approve spot ETFs for up to five digital assets this year, while Coinbase is working to establish Solana futures on its derivatives exchange.
📍 Meanwhile, the Trump-backed $TRUMP memecoin has plummeted 70% from its peak after the former president's attempted "pump" on social media, highlighting the volatility of the crypto market.
