The surge in applications for cryptocurrency ETFs (Exchange-Traded Funds) in 2024 is indeed remarkable. Here are some key points:

• Surge in applications: According to Nate Geraci, president of The ETF Store, five institutions have submitted applications for cryptocurrency ETFs in the past 48 hours. This indicates that market interest in cryptocurrency ETFs is rapidly increasing.

• Inflows: In 2024, Bitcoin ETFs attracted over $30 billion in inflows, and this number is expected to rise further in 2025. This demonstrates strong investor interest and confidence in cryptocurrency ETFs.

• Product innovation: Future Ethereum ETFs may include staking yield features, providing investors with higher returns, which will be a major highlight in the market.

• Improved regulatory environment: With the improvement of the regulatory environment and the deep integration of traditional finance with the cryptocurrency market, more innovative ETF products are expected to emerge.