CoinVoice has recently learned that Bloomberg ETF analyst Eric Balchunas stated that unless there is a major crash, the waiting altcoin-related ETFs will make cryptocurrency 'quite crazy'.
He stated that within the next 12 months, there are 14 altcoin-related ETFs awaiting approval from the U.S. SEC, including those offering funds with exposure to SOL, XRP, HBAR, LTC, a basket of assets, as well as BTC and ETH.
In addition, Balchunas expects the number of altcoin ETF applications to double in the next two months. (CryptoSlate) [Original link]