According to PANews, Bloomberg ETF analyst Eric Balchunas recently commented on the X platform that following the U.S. Securities and Exchange Commission's (SEC) implementation of universal listing standards, the number of ETFs doubled. He predicts that with the introduction of these new regulations, over 100 crypto ETFs could be launched in the next 12 months.
Earlier today, it was reported that the SEC approved universal listing standards to expedite the approval process for cryptocurrency ETFs.