Forecasting the Altcoin ETF Boom This Summer, with Solana Likely to Lead: Bloomberg Analyst

Eric Balchunas of Bloomberg predicts a wave of altcoin ETF approvals, putting Solana in a leading position.

A boom in altcoin exchange-traded funds (ETFs) could emerge this summer, according to Eric Balchunas, senior ETF analyst at Bloomberg.

In a recent social media post, Balchunas indicated that the market should expect a new wave of filings and approvals for ETFs focused on top altcoins - with Solana (SOL) likely to be at the forefront.

Balchunas also mentioned the potential for combining ETF products that include a mix of altcoins, further expanding investors' access to diverse cryptocurrency assets through managed instruments.$ETH