The ETF space, may welcome Meme ETF.

[bayu7adi]

There should be a new standard for cryptocurrencies that apply for ETFs so that only cryptocurrencies with good stability are allowed... memecoins still seem to be very volatile and unstable.

Actually we don't need new standard...the standard is already there and that is why it took a lot of time for SEC to approve ETFs for Bitcoin and Ethereum. Just because the SEC is under the new administration does not mean that things will be rushed blindly most especially on the topic of a possible memecoin ETF. In my view, in case the SEC would have the time for another ETF applications they would first concentrate on those connected with XRP and even Solana. The thing is that this is just another speculation as there is no official announcement from SEC on this matter...so we are just expressing our advanced opinions here coupled with fantastic details.

Okay.. the previous standard for Bitcoin did sound very strict.. even though it was under a government that was not pro-cryptocurrency... looking at the current conditions, some altcoins are starting to try to flood the SEC with several applications,,, we see DOGE, SOL, Polkadot, HBAR and XRP... some coins that are on the top board.. are indeed very reasonable and worthy to be submitted... but, coins that don't even touch the top 10, it's like testing the leniency of the rules applied by the SEC... in the end, ETFs will be the trump card for those who run out of ideas to increase popularity and get a bullish moment quickly..

SEC is being tested by altcoin...

[target]

There should be a new standard for cryptocurrencies that apply for ETFs so that only cryptocurrencies with good stability are allowed... memecoins still seem to be very volatile and unstable.

Actually we don't need new standard...the standard is already there and that is why it took a lot of time for SEC to approve ETFs for Bitcoin and Ethereum. Just because the SEC is under the new administration does not mean that things will be rushed blindly most especially on the topic of a possible memecoin ETF. In my view, in case the SEC would have the time for another ETF applications they would first concentrate on those connected with XRP and even Solana. The thing is that this is just another speculation as there is no official announcement from SEC on this matter...so we are just expressing our advanced opinions here coupled with fantastic details.

Okay.. the previous standard for Bitcoin did sound very strict.. even though it was under a government that was not pro-cryptocurrency... looking at the current conditions, some altcoins are starting to try to flood the SEC with several applications,,, we see DOGE, SOL, Polkadot, HBAR and XRP... some coins that are on the top board.. are indeed very reasonable and worthy to be submitted... but, coins that don't even touch the top 10, it's like testing the leniency of the rules applied by the SEC... in the end, ETFs will be the trump card for those who run out of ideas to increase popularity and get a bullish moment quickly..

SEC is being tested by altcoin...

When ETH ETF was approved, a lot of us are already speculating which one is the next that could be approved. And we are not disappointed because the institutions that filed for BTC and ETH ETFs are also the ones filing for some Atlcoins ETF.

They are likely to be approved, it only needs time just like how they approved ETH. They need timing to do this and most probably these institutions are also accumulating for now.

[bitterguy28]

looking at the current conditions, some altcoins are starting to try to flood the SEC with several applications,,, we see DOGE, SOL, Polkadot, HBAR and XRP... some coins that are on the top board.. are indeed very reasonable and worthy to be submitted...

it does help that the sec now is full of members who understand crypto and are on board with expanding crypto industry i also like that they are not just pro crypto for the profit a lot of the members of sec even the chair genuinely understand the importance of blockchain tech 

SEC is being tested by altcoin...

sec would want to accommodate as much altcoins as much as they can but they also have to be objective but they would not want to see anti crypto but you are right that some memecoins may be pushing the boundaries too much crypto is a very promising industry but right now there are still many useless memecoins that do not need to be given attention to

[Bobcrypto]

Yes, It look like meme coins has taken over the crypto bulk capital, it is obvious on the numbers of meme coins that are entering into the market on the daily basis, and the volume of investors funds that are currently being flowing on the meme coins market.
I am sure that memes has become a big investments alternative to utility tokens this days, probably the profit that are being generated on the meme coin space is attractive to most investors. I am hoping that this meme coin frency will soon experience a reversal, definitely to the utility tokens in near future.