With the approval of Ethereum spot ETF, will 100x altcoins be popular? #ETF
Nowadays, most currency enthusiasts hold a lot of altcoins. Which altcoins will be beneficial after the ETF is approved? I think the main ones are as follows:
Layer2: OP, ARB, IMX;
On-chain game concepts: GALA, SAND, PIXEL, ACE, AXS
Liquidity Staking: LDO, SSV
The underlying facilities of the industry, such as projects that are also public chains: ADA, DOT, TIA, SOL, ATOM; storage: FIL, AR, etc.
Of course, there are other ERC20 projects, as well as low-level projects in other industries;
The SEC needs to decide whether to approve the application for ETH spot ETF before the corresponding date. There are currently 6 applications pending for approval:
Before May 23, VanEck;
Before May 24, Ark 21Shares;
Before May 30, Hashdex;
Grayscale until June 18;
Until July 5, Invesco;
Before August 7; Balckrock
If the Ethereum spot ETF is approved, it means that in addition to BTC, a large number of old money will also have an opening for some high-quality altcoins, which will change the current situation in which Bitcoin is the only one. By then, a group of 10 times, A currency that is 100 times larger may blow up the screen. #HotTrends