Summary
- Eric Balchunas said that 124 cryptocurrency ETFs are awaiting listing approval from U.S. authorities.
- He said that Bitcoin-related products are the most numerous among ETFs awaiting approval, at 21.
- He also said that various cryptocurrency ETFs, including XRP, Solana, Ethereum, are awaiting approval.
Cryptocurrency exchange-traded funds (ETFs) awaiting listing approval from U.S. authorities number 124.
Eric Balchunas (Eric Balchunas), Bloomberg ETF analyst, said on the 11th (local time) via X, "(currently) 124 cryptocurrency ETFs are awaiting registration (with U.S. authorities)," and "'a tidal wave(tidal wave)' is coming."
The cryptocurrency with the most ETFs awaiting approval was Bitcoin (21). Next were XRP (10), Solana (9), Ethereum (7), and Litecoin (5). ETFs for Avalanche (4), Sui (4), and Binance Coin (3) have also applied for listing approval with U.S. authorities.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
