Dozens of crypto-related ETFs await SEC approval, among them those related to XRP, Litecoin, and Solana
- Eric Balchunas, Senior ETF Analyst for Bloomberg, highlights 72 crypto-related ETFs awaiting SEC approval.
- The diversity of these ETFs encompasses major cryptocurrencies, such as XRP, Litecoin, and Solana, as well as meme-based memecoins.
- Approvals of altcoin ETFs indicate increasing adoption, could significantly broaden crypto market participation by providing institutional-grade exposure beyond Bitcoin and Ethereum, crypto market experts tell FXStreet.
Eric Balchunas, Senior ETF Analyst for Bloomberg, highlights 72 crypto-related Exchange Traded Funds (ETFs) awaiting US Securities and Exchange Commission (SEC) approval. The diversity of these ETFs encompasses major cryptocurrencies, such as Ripple (XRP), Litecoin (LTC), and Solana…