According to TechFlow, on December 17, Nate Geraci, president of The ETF Store, disclosed that Invesco, the world's fourth largest ETF issuer, has submitted a multi-share class structure application to the U.S. Securities and Exchange Commission (SEC). Currently, nearly 40 fund companies are seeking products with similar structures. Geraci predicts that the multi-share class structure and other spot cryptocurrency ETFs will become the focus of the ETF market in 2025.