Eric Balchunas "Virtual asset ETF could see more than 100 launches in next 6 months"
Minseung Kang
Summary
- Eric Balchunas, Bloomberg's senior ETF analyst, projected that virtual asset ETFs could see more than 100 launches over the next 6 months.
- He said that five spot cryptocurrency ETFs are scheduled to be listed sequentially within 6 days.
- Balchunas said that although specific schedules are undisclosed, given the current trend the supply of new spot ETFs is likely to continue steadily.
A projection has been made that virtual asset (cryptocurrency) exchange-traded fund (ETF) products could be launched in more than 100 types over the next 6 months.
On the 24th, Eric Balchunas, Bloomberg's senior ETF analyst, said on X (formerly Twitter) that "a total of 5 spot cryptocurrency ETFs will be listed sequentially within the next 6 days."
He said, "While the specific launch schedules for individual products have not all been disclosed, given the current trend, it is possible that new spot ETFs will exceed 100 and be supplied steadily over the next 6 months."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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