Breaking news indeed! Donald Trump is expected to announce his pick for the new SEC Chair tomorrow, December 5.¹ ² ³ The current SEC Chair, Gary Gensler, will be stepping down on January 20, 2025, and Trump has promised to shake up the SEC's leadership and policies, especially regarding cryptocurrency regulation.

The top contender for the position is Paul Atkins, a former SEC Commissioner, with a 70% chance of securing the role, according to Kalshi. Atkins is known for his pro-innovation stance on digital assets and fintech, and has criticized Gensler's regulatory approach.

Other potential candidates include Dan Gallagher, the Chief Legal Officer of Robinhood, current SEC Commissioner Mark Uyeda, and former CFTC Chair Heath Tarbert. Whoever takes the helm is expected to bring significant changes to the crypto market.⁴

Stay tuned for tomorrow's announcement, which could mark a new era for cryptocurrency regulation in the US!#MicrosoftBTCInvestmentVote $BTC #BitwiseFiles10ETFs