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.

Eric Balchunas "Virtual asset ETF could see more than 100 launches in next 6 months"

PiCK News

"Strategy posts record buying spree even in a bear market"…accumulates 89,618 in Q1 alone

U.S. 'Strikes Iranian Missile Site Near the Strait of Hormuz…Maritime Threat Reduced'

XRP small-balance addresses hit an all-time high at 5.66 million, signaling growing retail inflows

[Analysis] "Bitcoin could fall once more before the next bull run… may drop to as low as $43,000"

[Analysis] "Bitcoin shows signs of recovering sentiment among U.S. investors… but a strong bullish reversal is still not in place"

Trending News