XRP, Solana, Doge and other 72 different ETF applications waiting for SEC confirmation: Report
Cryptocurrencies are now waiting to listen to 72 active applications with new cryptocurrency tools (ETF).
James Seyffart, Bloomberg Intelligence ETF analyst, compiled List of the US Securities and Stock Exchange Committee (SEC) submissions.
ETF's funds are expected to be confirmed Solana (Salt), Xrp (Xrp), Sui (Sui), Litecoin (LTC), Axelar (Texl) Hedera (Humbug), BnbCardano (Plateau), Avalanche (Avax), Dogecoin (Doge), Polkadot (Dot), Aptos (Appropriate), Chainlink (Link), Dragged penguins (Pengu), The official trump card (Trump), Melania (Melania) and bonk (Bonk).).
Other potential new ETFs are related to a currency basket and some are based on bitcoin (Btc) and/or ethereum (Eth), assets already approved to involve other ETFs.
Eric Balchunas, Elder Analyst of Bloomberg Intelligence, predicts that the BTC ETF remains dominant, regardless of the number of confirmed Altcoin funds.
“There is no other better? Bitcoin ETFS commanded 90% of the total cryptocurrency assets worldwide. Although a ton of ALT/MEME COIN ETFs are likely to get on the market this year, they only make a little dent, Bitcoin is likely to retain at least 80-85%.”
SEC Greenit Bitcoin ETF first places 2024, bringing the ceiling of the market to the upper digital asset and then regulating the billions of dollars worth the inflow. confirmed Ethereum ETFS trading in July last year.
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