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User-20b66 Depetris788
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Things are about to get intense, says Eric Balchunas
The SEC is known for delaying its decisions as long as possible. Given this, if this behavior does not change with the change of the Commission chairman, these new ETF applications should not receive a response until August 2025.
In any case, the simple fact that managers are interested in other cryptocurrencies can cause their prices to skyrocket.
For Eric Balchunas, Bloomberg's ETF specialist, the number of orders is expected to increase in the coming months. Currently, Solana (SOL) and Ripple (XRP) are the ones with the most orders, but baskets with several cryptocurrencies could also gain space in the traditional market.
The SEC is known for delaying its decisions as long as possible. Given this, if this behavior does not change with the change of the Commission chairman, these new ETF applications should not receive a response until August 2025.
In any case, the simple fact that managers are interested in other cryptocurrencies can cause their prices to skyrocket.
For Eric Balchunas, Bloomberg's ETF specialist, the number of orders is expected to increase in the coming months. Currently, Solana (SOL) and Ripple (XRP) are the ones with the most orders, but baskets with several cryptocurrencies could also gain space in the traditional market.
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