With a Pro-Crypto SEC and 72 Crypto ETF Filings, Bloomberg Analyst Predicts ‘a Wild Year’

There are now 72 cryptocurrency-based exchange traded fund (ETF) filings awaiting approval by the United States Securities and Exchange Commission (SEC), per data shared by Bloomberg senior ETF analyst Eric Balchunas in a report compiled by ETF research analyst James Seyffart. The massive list includes both spot and options ETFs for more than 15 different crypto assets as the underlying.The filings include exchange-traded products for top market cap assets like Ripple’s XRP, Litecoin (LTC) and Solana (SOL), as well as for popular memecoins including DOGE, BONK and several 2x leveraged products for the official Trump family memecoins , TRUMP and MELANIA, among several other assets. “Gonna be a wild year,” Balchunas commented on X in the April 21 post. There are also more than a few Bitcoin (BTC) and Ethereum (ETH) ETF filings looking to launch alongside the popular products that finally went live in the U.S. last year. Staked ETH ETFs are also on deck, per the filings. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant