The FTX restructuring plan is expected to take effect in early January 2025, with user compensation work starting in March. FTX is approaching the final steps of the court-approved bankruptcy restructuring plan, paving the way for compensation for creditors and customers. Cboe has submitted listings for four Solana spot ETFs to the U.S. SEC, with a final deadline in early August next year if not rejected. U.S. SEC Chairman Gary Gensler will step down on January 20, and although the crypto market accounts for less than 1% of the U.S. capital market, related reports make up 18%. Trump's 'Crypto Advisory Committee' plans to establish a Bitcoin reserve, with companies like Ripple competing for advisory positions.