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The regulatory department's inbox is almost overwhelmed. According to industry insiders, the U.S. Securities and Exchange Commission(SEC) is currently processing over 130 cryptocurrency-related ETF applications, reflecting the market's strong demand for compliant financial products. Since the approval of the Bitcoin spot ETF, various institutions have been eager to get a share, and the wave of crypto ETF applications is indeed accelerating. What signals might this behind-the-scenes trend be indicating?