ChainCatcher message, Bloomberg ETF analyst Eric Balchunas revealed that the market may soon see a wave of altcoin-related ETFs. In the next year, the SEC is reviewing 14 ETF applications involving SOL, XRP, HBAR, LTC, and others.

These funds not only cover a variety of altcoins but also include exposure to BTC and ETH. Balchunas believes that unless there is a major market crash, the approval of these ETFs will make the crypto market 'quite crazy'.

Notably, he expects that the number of altcoin ETF applications could double in the next two months. Investors may need to closely monitor this dynamic to make informed decisions amid market changes.📈📊