ChainCatcher Message, there are new developments in the crypto market! Nate Geraci, president of The ETF Store, revealed on platform X that in just 48 hours, 5 institutions have applied to launch crypto ETFs, it's really lively! 📈

First, Strive proposed a Bitcoin Bond ETF, followed by Bitwise, which also launched a Bitcoin Standard Company ETF. Meanwhile, REX plans to introduce a BTC Corporate Treasury Convertible Bond ETF, attracting considerable attention. 🔍

In addition, VolatilityShares is focusing on Solana, launching a futures-based exchange-traded fund, offering various leveraged exposures. Finally, ProShares plans to launch a Bitcoin hedge ETF based on the S&P 500, Nasdaq 100, and gold. 📊

The emergence of these new products may provide investors with more choices, and the future direction of the market is worth looking forward to.