Crypto stocks enter top 5 of financial sector as SEC plans tokenized equities
- —4 of the 5 top gainers in the financial sector for the week were crypto companies
- —XLF ETF lost 2.4% for the week to September 18
- —Traditional financial companies weakened amid SEC tokenization plans
Why it matters: The rally in crypto stocks amid the SEC's regulatory shift signals capital rotation from traditional finance into the crypto sector.
Source: Seeking Alpha Crypto