Bloomberg Analyst: 14 Altcoin-related ETFs are waiting for approval from the U.S. SEC within the next 12 months
Bloomberg ETF analyst Eric Balchunas said that within the next 12 months, there are 14 altcoin-related ETFs waiting for approval from the U.S. SEC, including funds offering exposure to SOL, XRP, HBAR, LTC, asset baskets as well as BTC and ETH. In addition, Balchunas expects applications for altcoin ETFs to double in the next two months.
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Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
