- Solana and Bitcoin within the lead
- Authorities shutdown holding up approval
In accordance with Eric Balchunas, senior ETF analyst for Bloomberg, the variety of cryptocurrency ETF filings has already reached 155.
The analyst expects this quantity to finally hit 200 amid what seems to be a “complete land rush.”
Solana and Bitcoin within the lead
Solana (BTC) and Bitcoin (BTC) are presently within the lead in relation to the entire variety of ETF filings.
XRP is available in a really shut second place with 20 filings. It’s adopted by Ethereum (ETH) in addition to combo ETFs (10 filings).
OG altcoin Litecoin (LTC) has additionally secured 5 filigns, which is moderately spectacular for the cryptocurrency that’s solely in thirty first place by market cap.
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Even meme cash Dogecoin (DOGE) and Bonk (BONK) have collected 4 and two ETF filings, respectively, regardless of their moderately whimsical nature.
Authorities shutdown holding up approval
On the similar time, the U.S. authorities shutdown is holding up the approval of cryptocurrency ETFs.
The U.S. Securities and Trade Fee (SEC) has suspended the evaluation of the aforementioned purposes.
That stated, analysts anticipate the US to swiftly clear the backlog with greater than 150 filings as soon as the federal government reopens.