More than 90 crypto ETFs await SEC approval

More than 90 crypto ETFs await SEC approval

The United States is experiencing an unprecedented phase: the Securities and Exchange Commission is currently reviewing over 90 applications for crypto ETFs—a historic wave that could transform how institutional investors access these assets. This massive queue includes projects focused on popular altcoins such as XRP, Solana, Dogecoin, Cardano, Litecoin, and even more niche tokens like memecoins or tokenized NFTs.

According to analysts, the chances of approval are high for some already well-established cryptos: Solana, XRP, and Litecoin are considered near certainties. Major industry players such as Grayscale, VanEck, 21Shares, and Bitwise have already filed applications for ETFs based on these assets. Some innovative projects are even designed to combine multiple cryptos into a single product.

This situation is all the more promising as regulators are considering simplifying the approval process by establishing generic listing standards. The goal is to treat these ETFs like traditional products, reducing approval times from several months to just a few weeks.

The prospect of quick access to a wide range of diversified ETFs excites investors. It could trigger significant capital inflows into cryptos beyond Bitcoin and Ethereum, while strengthening the sector’s legitimacy within mainstream finance.

However, some experts temper the enthusiasm. They point out that while many projects are lined up, several ETFs may never launch due to lack of sustained interest or operational challenges. In the meantime, this massive backlog reflects a major shift: cryptos are gradually becoming recognized and standardized asset classes within traditional financial markets.

Pre-launch of WLFI

The WLFI token, developed by the DeFi World Liberty Financial project linked to the Trump family, will officially be unlocked and tradable on the open market starting September 1. This long-awaited moment follows a massive fundraising of several hundred million dollars and intense anticipation from investors.

The launch structure is clear: 20% of tokens held by private round participants will be released on day one through a mechanism called Lockbox, which requires prior activation (open since August 25). The remaining 80% will stay locked until a community vote decides otherwise, offering a form of governance to token holders.

Early pre-market indications already show a valuation of more than $40 billion, making WLFI one of the most highly valued tokens even before its real circulation. Some analysts are optimistic, projecting a $1 price target and a fully diluted market cap that could surpass $100 billion.

Still, not everything is going smoothly. Many holders report technical issues when activating the Lockbox in their wallets, preventing them from accessing their tokens. Critical feedback highlights complications in the verification process and bugs in the interface.

This launch is particularly controversial given the close ties between the project, political authorities, and opaque strategic decisions. The debate goes beyond technical aspects, touching on ethical and political dimensions: some view it as a manipulation of both power and market dynamics.

Metamask enables wallet creation via Google or Apple

MetaMask now offers a “social login” feature that allows users to create, back up, or restore a crypto wallet using only a Google or Apple account, paired with a single password. This eliminates the traditional need to memorize a 12-word recovery phrase, often cited as a major barrier for new users.

The process is extremely simple: log in with your social account, set a strong password… and that’s it. The wallet is generated instantly and can be restored anytime with the same login and password. Behind the scenes, MetaMask automatically creates and secures the recovery phrase (SRP), without ever exposing the key to anyone—not even to MetaMask itself.

The feature is already available on the browser extension (version 13.0.0 and above), with mobile support coming soon. MetaMask promotes this system as a smooth onboarding solution, blending the familiar Web2 experience with Web3-level security.

However, this innovation requires that the chosen password be very secure, since there is no way to recover it if lost. MetaMask strongly recommends using a password manager to avoid accidental lockouts.

By rethinking how wallets are secured, MetaMask takes another step toward making crypto more accessible, while maintaining its principles of decentralization and asset protection.