🚀72 Cryptocurrency ETFs in the SEC's Sight: Beyond #bitcoin and Ethereum?

The landscape of cryptocurrency exchange-traded funds (ETFs) is heating up, with the astonishing figure of 72 pending approval applications from the U.S. SEC.

Bloomberg Intelligence analysts reveal a diverse list that goes beyond Bitcoin and Ethereum, including names like $XRP , Solana, Dogecoin, and even thematic ETFs featuring public figures.

The approval of Bitcoin and Ethereum ETFs in 2024 marked a turning point, injecting billions into the market. However, the SEC remains cautious with altcoins. Despite the enthusiasm for these new products, experts predict that Bitcoin ETFs will continue to dominate the cryptocurrency fund market in the long term, maintaining a substantial share of assets. The potential green light for these 72 ETFs could further democratize access to cryptocurrencies, although their real impact on Bitcoin's dominance remains to be seen.