Eric Balchunas, Bloomberg's chief ETF analyst
Balchunas said on Twitter, "We expect a cryptocurrency ETF boom next year, but
They won't all be released at once. The first product expected to come out is an ETF that combines Bitcoin and Ethereum."
The next ETFs to be approved are Litecoin (LTC) and Hedera (HBAR).
The rationale is that Hedera is a virtual currency that was created through a hard fork of a coin, and is not classified as a security.
Also, Ripple (XRP) and Solana (SOL) are more likely to trade with Litecoin and Hedera.
He predicted that an ETF could be approved next.
2024/12/18 18:45 KST
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