#CME Senior Executive Reveals 22 #altcoins That Could Have #spotETF in the Future – Here’s the List
Giovanni Vicioso, head of crypto at CME Group, recently discussed the impact of Bitcoin ETFs on the crypto industry.
According to Vicioso, these ETFs have not only provided legitimacy to the industry within the purview of Wall Street but have also compelled major distribution networks and marketing firms to advocate for Bitcoin among their clientele.
Vicioso elaborated that the role of investment advisors has evolved to include educating their clients on the significance of Bitcoin, with the introduction of Bitcoin ETFs easing this process significantly.
Post-ETF launch, client discussions on Bitcoin have shifted from foundational queries to exploring its practical applications.
Conversations now encompass Ethereum alongside Bitcoin, exploring its smart contracts, DeFi, and tokenization potentials. Vicioso underlined Bitcoin and Ethereum's significance, highlighting CME's reference rates and real-time indices for various cryptocurrencies like Uniswap and Solana as the SEC evaluates Ethereum spot ETFs in May.
These selected cryptocurrencies, chosen by CME for their potential utility, are speculated to be strong contenders for future ETFs:
1. Aave (AAVE)
2. Algorand (ALGO)
3. Avalanche (AVAX)
4. Axie Infinity (AXS)
5. Bitcoin Cash (BCH)
6. Cardano (ADA)
7. Chainlink (LINK)
8. Chiliz (CHZ)
9. Cosmos(ATOM)
10. Curve (CRV)
11. Decentraland (MANA)
12. Ether (ETH)
13. Ether Euro (ETH)
14. Filecoin (FIL)
15. Litecoin (LTC)
16. Polkadot (DOT)
17. Polygon (MATIC)
18. Solana (LEFT)
19. Stellar Lumens (XLM)
20. Synthetix (SNX)
21. Tezos (XTZ)
22. Uniswap (UNI)
Vicioso warned that launching more futures or ETFs for cryptocurrencies depends on clearer regulations defining them as commodities or securities.
(Note: This is not investment advice.)
Source - en.bitcoinsistemi.com
