🚨 SEC TO APPROVE SOLANA, XRP, & ALTCOIN ETFS THIS SUMMER!?

we have some very big news coming out from the folks at Bloomberg, Eric Balachunis and James Seyfert. Many of you know they are ETF analysts at Bloomberg. So Eric balachune Is tweeted out get ready for a potential ald coin ETF summer with Solana likely leading the way, as well as some basket products via James Sayfert note this morning, which includes fresh odds for all the spot ETFs. So what are the odds that James put out? So for the basket slash index ETFs, he has that at a

ninety percent chance of approval in twenty twenty five and that the final SEC deadline is July second, twenty twenty five. So could we see the basket ETFs approved first before we get you know, these other all coin etops. It's possible. We'll have to wait and see. But next up as far as deadlines is light coin and this was filed by Canary, Grayscale and coin Shares and the deadline is October second, twenty twenty five. He gives that a ninety

percent chance of approval as well. Solana comes in as number three with an approval deadline of October tenth, and that is filed by all the big players, gray Scale, Vanak, twenty one Shares, Canary, Bitwise, Franklin, and Fidelity also at a ninety percent chance. Then coming in fourth is XRP, also filed by the big players, Grayscale, Bitwise, Canary, twenty one Shares, Wisdom, Tree, Coin, Chaars, and Franklin Templeton that has a deadline of October seventeenth, twenty twenty five with

an eighty five percent chance of approval. At number five is Dogecoin, which was filed by Grayscale, Bitwise twenty one shares has a deadline of up over seventeenth as well and has an eighty percent chance of approval. And then it goes down the list to Cardona, Polka, Dot, Hbar and much more. Those have one or two filers, but I think the top five here have the higher chance. We'll have to wait to see if Cardinal Polka Dot in h Park get approved because they don't have futures

markets right now. We know the Salona and XRP futures markets went live recently, and I've been saying, I've been on records saying the SEC probably needs to see a good sample size of how that performs. But all the respective factors needed for the approval are there, So I think we should see some approvals possibly the summer, and my hope is it happens this summer versus later in the year. But you know, one of the things we've been tracking here in the podcast is when we might

see the blow off top. Can it be the end of Q two, you know, going to July or is that going to be a local top? And then the bull market continues into Q three, Q four where you have the ultimate blow off top and could the SEC wait till Den and could this be a signal of the blow off top? Right, these are the things I'm thinking about, And obviously we don't have a crystal ball, but we're going to look at what the SEC is doing.

We're going to look at on chain data, the macro, the charts to get an idea of where the top zone is going to be. But nevertheless, we are going to of course take profits along the way up to make sure we walk away from this bull market with money in our pockets. But the odds are looking really good here for the approvals, like I said for specifically solon and XRPI, more concerned with those than like coin because those the futures went live as mentioned over the

past few months. So let's see what happens, folks. And here nature racy of the ETF store weight in saying noteworthy to see SEC might be expediting approval of spots Salona ETFs and staking in ETH and sol ETFs in response to recent rex ospray end around. So the other big factor is the staking, as I've been saying for a long time. When they add staking to the ETH ETF, you're going to see inflows skyrocket, folks, because the yield will be there. A lot of institutional investors they value

having that return right, that passive income. So that's going to be a strong incentive for ETH because it has that yield. And we'll see if the SEC approves that this summer as well, along with these other spot ETFs now nature RACI also highlighted the following from BlockWorks that BlockWorks is reporting that the SEC has asked Perspective, Spot, Salon and ETF issues to submit amended s ones within

the next week. One source estimated these updates could put Soul ETFs on track for approval within three to five weeks. Said the SEC also appears open to including staking. Now this is per sources, right, So we don't know if they will actually do this, but I think they may do it sooner than later, you know, versus waiting till Q four. But who knows, you know, we're just speculating

at this point. But as mentioned the respect, the factors are there, the futures markets are there, so there's no reason for the SEC to not approve these or if they deny it, right, they're going to get a lawsuit like Gary Ginster did and they're going to lose in court. Now I don't think they're going to do that because this SEC is operating very different from scumback regulator Gary Ginser. So folks could be really nice to have the Solana and XRP ETFs approved, even the basket ETFs and staking

added to e ETFs come this summer. That could really help the price to rally for these assets as we maybe hit a local top or bow off top. We'll have to wait and see, but exciting times, folks. Let's see what happens as we roll into July. Now a great place you can buy XRP Salona bitcoin in all the top all coins is on Uphold. This is a platform I've been using since twenty eighteen. They have three hundred plus cryptocurrencies, they have staking for over nineteen crypto assets,

and folks, they are safe and reliable. I've never had any issues or problems. They are one hundred percent reserved. They don't commingle or lend out your crypto funds, and you can review their transparency report. It's there for you to go take a look at. They have a lot of different features and services, and one I really like is Uphold Rewards where you can earn up to five point two five percent on stable coins and they don't do anything shady. They do it the right way. You're

earning the actual yield. And part of this rewards program, if you participate, you get twenty four hour early access to tokens that they list. So the stable coins they support includes ripples, r L, USD you can earn up to five percent there and USBC where you can earn up to five point two five percent there. And to participate, you simply have to log into the app ones per month, deposit fifty dollars once per month, and trade fifty dollars

once per month. So pretty simple. So if you'd like to learn more about the services that Uphold offers, check out the link in the description. Now, Folks Wall Street Giant Franklin Templeton, they have launched intra day Yield for tokenized assets on Benji. Benji's their token ied platform, and many of you have seen my interviews with Sandy Call of Franklin Templeton. They have trillions of dollars of assets under management. They are going all in on blockchain and crypto,

just like black Rock and Fidelity. So it's amazing to see these legacy firms participating in crypto and continuing to build and innovate. So Franklin Templeton, an investment management company with one point five to three trillion dollars of assets under management, has debuted a feature that offers investors yield

down to the second when holding tokenized assets. According to a Tuesday announcement, the intra day yield feature will allow investors to accrue yield proportional to the time they hold a token is Security, even if it's transferred before the day's end. In addition, investors can earn yield on non banking days, including holidays and weekends. Folks, you know, I've

been beating the drum about this for years. Truly global markets, no more opening or close bell, no holidays and all these things, right, twenty four to seven, trading three hundred and sixty five days a year, So this is incredible. And of course it's all running on blockchain, so even if you don't participate with the token is Security, if you hold the native token of the blockchain they're building on, you are able to participate and capture value and returns

based on the adoption. So really incredible stuff. I love what they're doing, and this is the future. They're going to put everything on the blockchain and create new financial products, better financial products than exists today in the traditional market. So really bullish news here, and folks today Congress specifically

the house you know they met to mark up the Clarity Act, which is of course the Crypto Market Structure Bill. It's a new version of the FIT twenty one those pass in the House last year. And Congressman Frendchill, who I've had on the podcast many times and I hope to have him back on soon, he said, today the Financial House Committee and the House Agriculture GOP are marking up our Clarity Act, which gives us the market framework that will make America the leader in crypto development and

distributed ledger of financial services. So the good news is that the Clarity Act passed out of the House Agricultural GOP with a vote of forty seven to six following a nearly three hour markup. So it then moved to the House Financial Services Committee, and in regards to the Agriculture GOP, eighteen Agriculture Democrats voted in favor of the text today with six voting against it. So we have biparties support. As I've been saying, folks, this is the future.

Many Democrats are on board, especially that Elizabeth Warren and Gary Againster are out of the way. One of the things that was holding back many Democrats in last year even before the election is Elizabeth Warren was sitting at the top of the hill when it comes to financial services. They couldn't come out against her. I spoke to many Democrat members of Congress and that's what they told me off the record. So it's good to see many are now free to operate without it being an awkward situation

because of Elizabeth Warren. Now the challenge, folks is that in the House Financial Services Committee, it's going to be a bit more tough. Congressman Bill heizinga who I've had on the podcast in the past, you know, he said, there's a lot of personalities here. Eleanor Tarrett reported on this because Maxine Waters she's a part of that, and you know she's going to try to do something. Apparently, she introduced the first amendment to the Clarity Act titled

Stop Trump in Crypto Acts. So politics are going to play out here. And look, I'm not a fan of Donald Trump's meme coin. I'm okay with his kids participating in crypto businesses. That's fine, but I don't think they should hold up legislation which protects consumers and foster's innovation because of that. I think they need to get these things through to make sure the industry can flourish. And look, they want to play the politics and go after Trump after the fact, go go for it, right. I don't

have a problem with that. That's politics out of my business. Honestly. They can fight all day, right, but get the damn bill through. That's what we need. It's important. It will allow more capital to come into marketing, like I said, protect consumers. So things are moving ahead. Also, it's possible to stable coin build a Genius Act could get passed in the Senate this week, so let's keep an eye out for that. That would be just huge for the market.

This is interesting Congressman William Timmins. He said, I just sent a letter to SEC Chair Paul Atkins requesting documents on the SEC's inconsistent treatment of eth under Chair Genser and the Biden administration. The American people and the crypto community deserve transparency as Congress moves forward with the claritiat.

I'm not sure what they're trying to do here. I don't know if this is kind of trying to get the SEC to clarify things that happened since even j Clayton and Bill Hinman and then which continued under Gainser. You know, it's it's kind of strange. I'm actually surprised at bringing this up specifically for etherorem but it could be because of what Bill Hinman. They're trying to kind of fix that retroactively. I don't know, right, but we'll have

to wait and see. This is very interesting. I thought this whole thing was put to bed, but I guess not. Let's see what they come up with. I don't know what this is about, honestly. Now we've got some interesting

news coming out from World Liberty Financial. Eric Trump tweeted out the following, where it shows that USD one, which is the stable coin of We're Liberty Financial, daily trading volume has surpassed eight hundred million dollars, overtaking die to become the third most traded stable coin after USDT and usd C. Very interesting, so it's on the rise. It's, you know, not very close to the USDC because USDC is at six billion and USDT is at seventy seven billion.

So clearly Tether's still the King of the hill, still has that massive market mover advantage the dominance. It's insane. Now, I do believe USDC will catch up as Circle has gone public with stable coin legislation on the custom of passing, it will allow Circle to do more to compete. So let's see not see how this plays out. But you know it's interesting that USD one is on the rise. Here now, folks, final news item here, Michael Saylor was

interviewed by Bloomberg, and you know these are signs of not the top, but like the top is approaching because he was asked about bitcoin and he says the bear market is not coming back. Bitcoin is not going to zero, It's going to one million dollars. Okay. Saying that bear market is not coming back, I think is a big fat lie. And look, he's he's kind of in a position where now he has to pump his bags. Look, a lot of people do it, right, they talk their bags.

But to say a bear market is not coming back, I think is a bit ridiculous. We know all of these assets move with the macro. And if you look at what happened in twenty twenty three, just as an example, as Jerome Powell came in December twenty twenty one and said we're raising rates, quantitative tightening is starting. What happened to all assets, stock markets and everything. They all went down, right, So we've been following how bitcoin moves with global liquidity.

So if liquidity starts coming out of the market again, because it's a cyclical thing, it's going to drop, and I believe there's a higher probability of there being a bear market, then they're not being one. On one hand, I respect Sailor, but I don't like when he does stuff like this. And I remember in previous cycles in twenty twenty, he was saying, you know, mortgage your house, all your house to buy bitcoin, and that's ridiculous. You know you're saying that stuff to people and you're going

to get them hurt. So now he's saying bear market is not coming back. Yeah, good luck with that. Markets. History has shown us bear markets come back, doesn't matter matter what it is. So some people wade in who I'm a fan of, like Toby Cunningham of Crypto Tips YouTube channel. He says, my goodness, people are going to

get absolutely slaughtered this coming bear market. Listening to this guy Jason Pazino, who has a great channel does amazing chart analysis, he says, Sailor can't possibly believe there will never be another bear market again, he's now paid to say that he's compromised. Interesting take, But like I said, I think this is disingenuous. But he's out there pumping

his bag. He's trying to bring in retail. So what you're going to see, folks, as we're going to get into the next major rally bitcoin ten million dollars, right, all these ridiculous price points, watch out. That's to bring in the dumb money crowd. But we're not on the dumb money crowd side. We're on the smart money side. We've loaded up at the blows, bought the blood on the streets, and we're going to sell the euphoria the greed zone. So have that profit taking plan. So I'm

issuing the war learning here. This is a prime example of what you're going to start to see. Don't fall for it, do not get caught up in it. You can watch it, you can you know, make sure you listen because it's important to listen and hear what people have to say. But validate all these things with the chart, the macro, the ONN chain data, and I tried to provide you guys with that right and things that signal the top sentiment and grandmas and Uber drivers start to

get so bullish. Right, it's like, oh my god, did you see this? Did you buy this? Right? That's the time you want to be looking to take profits. So folks, just be prepared, be mentally prepared, have that profit taking plan. Folks. That's the news. Let me know what you think. Leave your thoughts and comments below. A great way you can support me in the podcast is by subscribing to my free email newsletter. It's one hundred percent free. Link will

be in a description. Check out my book on Amazon, it's available in paperback in digital, and my course at mycryptocourse dot com. This is a comprehensive course that teaches you every aspect of crypto. It's packed with tons of value you so check it out. All the links will be in the description. Thank you folks for watching and listening. I appreciate you all and I'll talk to you all later