Analysts say the US Securities and Exchange Commission may approve some Crypto-Man Exchange-Trade Fund as soon as possible, kicking “Altcoin ETF Summer”, saying analysts.
Bloomberg Senior ETF Analyst Eric Balchunas Posted A note from fellow analyst James Safart for the X for X on Tuesday said, “ETFs that track the Broad Crypto Index can be approved by the SEC next month.”
The note said that SEC can also do “quick work” on Solana (Fifth note of musical scale) And staking ETF filing, saying with Balchunus that “get ready for a potential altcoin ETF summer, probably leading with solana.”
Several funds, including Grassscale and Bittwaise, have filed to launch ETFs with SECs that track a bundle of cryptocurrency, aimed at providing extensive risk to the market, which SEC must decide by July 2 and which blumberg analysts have given 90% obstacles to the approval.
SEC is also considering ETF which tracks XRP (XRP), Solana and some stake offers for exposure, which do not need to be decided by the end of this year.
Crypto Bundle ETF will be “more interesting”
21shares Speaker Duncan Moir told the coinlagraph in the evidence of the roadmap of the talk for institutional capital flow in Paris that the new Crypto Exchange-Treded Products (ETP) launch race is heating up and as more asset managers enter the field, “The basket products are going to be more interesting.”
“It is as if you don’t know which winner is going to be. So you buy a basket (among them), it’s a no-brother,” he said.
“I think this is a big trend we are seeing,” Moir said. “It will be interesting to see how and when people can bring basket products in the United States.”
Will Solana be the first?
Safarte is predicted that there will be a way along with Solana-based funds Steaking for Spot Ether ,ET) ETF comes as blockwork Informed On Tuesday, the SEC told the fund issuers to launch Solana ETF to update its registration filing with the agency.
“The conversation about the nuances of Steaking Solana in ETF is going on between SEC and optimistic Solana ETF issuers.”
Connected: SEC says
Meanwhile, on 11 June, ETF Store President Nate Gresi Said It seems that the SEC is about opening the floodgates on the Crypto ETF, “which” is the final stage before all major brokerage, providing straight spot crypto trading. “
Active Memcoin ETF soon
Last week, Balchunas Said There was a “really good chance” that an ETF that actively trades memecoins would be present at some point.
But first, “We will find a group of active crypto ETFs,” he said, saying that an active Amecoin-Cowl Fund will be possible in 2026.
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Additional reporting by Ailsa Sherrington.
