As Gary Gensler’s tenure as SEC Chair nears its end on January 20, the cryptocurrency industry has seen a surge in ETF filings. On January 17 alone, four proposals were submitted, with the crypto sector anticipating a more favorable regulatory environment under the incoming Trump administration. Notably, ProShares, which previously launched the first Bitcoin-linked ETF, applied for a Solana Futures ETF, alongside other asset managers such as Volatility Shares and CoinShares, which proposed various crypto ETFs focused on different assets including XRP and a digital asset debt strategy. Gensler's leadership since April 2021 was marked by significant regulatory actions, but his departure is prompting a flurry of filings as the industry seeks to capitalize on potential regulatory shifts. Industry experts have noted the urgency reflected in the submissions, with many firms quickly moving to position themselves ahead of expected changes in crypto regulation.

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