Atkins says SEC has 'enough authority' to drive crypto rules forward in 2026

The SEC has decided to block the launch of highly leveraged ETFs that aimed to deliver three to five times the daily performance of stocks and cryptocurrencies, citing concerns over excessive risk-taking. This decision reflects the regulatory body's ongoing scrutiny of investment products that could expose investors to significant volatility.

CME Group has received approval from the SEC to launch its new securities clearing house, which is set to commence operations in the second quarter of 2026. This initiative aims to enhance market stability and compliance, potentially transforming the dynamics of US Treasury and repo transactions.

In a recent Bloomberg interview, former SEC Chair Gary Gensler emphasized that Bitcoin is distinct from other cryptocurrencies, labeling most as 'highly speculative' assets. This statement underscores the regulatory scrutiny surrounding the cryptocurrency market, particularly as the SEC continues to evaluate the risks associated with various digital tokens.

The SEC has expressed concerns regarding high-leverage ETF plans associated with cryptocurrency and tech stocks, indicating a potential slowdown in the approval process for these investment vehicles. This scrutiny aims to mitigate excessive risk-taking in volatile markets.

Grayscale’s Chainlink Trust has successfully converted into the first U.S. Chainlink ETF, receiving approval to trade on NYSE Arca. This marks a significant milestone in the cryptocurrency sector, reflecting a shift in regulatory attitudes as the SEC streamlines the approval process for crypto-related funds.