Bloomberg analyst: Altcoin ETF applications are expected to triple in the next two months

Odaily News Bloomberg ETF analyst Eric Balchunas said that unless there is a big crash, the altcoin-related ETFs waiting for approval will make cryptocurrencies "pretty crazy." He said that in the next 12 months, there are 14 altcoin-related ETFs waiting for approval from the US SEC, including funds that provide SOL, XRP, HBAR, LTC, asset baskets, and BTC and ETH exposure. In addition, Balchunas expects altcoin ETF applications to triple in the next two months. (CryptoSlate)