Bloomberg Senior ETF Analyst Eric Balchunas predicts a surge in crypto ETFs next year, with the first product likely to be a combination of Bitcoin (BTC) and Ethereum (ETH). Balchunas expects subsequent ETFs to include Litecoin (LTC), Hedera (HBAR), and potentially XRP or Solana (SOL), depending on the outcome of their ongoing legal battles. This prediction aligns with the growing institutional interest in cryptocurrencies, as evidenced by the increasing number of investment firms offering crypto-related products and services. The launch of a crypto ETF would further legitimize cryptocurrencies and make them more accessible to a broader range of investors.

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