👍👍AVAX and an Altcoin Could Sit at the Institutional Table: A Date Has Been Given for DOGE! 👍👍
With the increasing interest in spot ETFs in the crypto market, some remarkable information has emerged about new applications. The ETF Store President Nate Geraci announced that spot ETF applications have been made for Solana (SOL), Ripple (XRP), and Hedera (HBAR), and also stated that at least one issuer has also made attempts for Cardano (ADA) and Avalanche (AVAX) ETFs.
Spot ETFs provide a new source of liquidity to the markets by allowing investors to invest directly in cryptocurrencies. If these applications are approved, access to cryptocurrencies could become even easier for investors.
Bloomberg analyst Eric Balchunas said that the most suitable date for a spot ETF application for Dogecoin is December 31, 2024. DOGE's inclusion on this$DOGE
list shows that meme coins are starting to gain ground in the institutional investment world.
Experts state that the approval of such ETF applications, while gaining wide acceptance in the markets, could lead to major price movements in the relevant cryptocurrencies. ETF applications, especially for popular cryptocurrencies such as ADA, AVAX and DOGE, could further increase the interest of investors.
These new moves made for 2024 could cause significant changes in the markets. The future of spot ETFs and their possible effects are awaited with great curiosity.
My dear friends, do not withhold your free support. I am trying to bring you such news instantly. My only request from you is that if there is anyone who still does not follow me, I would be happy if they did. Please like my articles and posts. Thank you.