Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Analysis: If the spot Ethereum ETF is approved, altcoin ETFs such as SOL and DOGE may appear in 2025

Analysis: If the spot Ethereum ETF is approved, altcoin ETFs such as SOL and DOGE may appear in 2025

CointimeCointime2024/02/05 04:22
By:Cointime

Cryptocurrency analyst Lark Davis pointed out that if the US SEC approves a spot Ethereum ETF this year, then ETFs based on altcoins "may soon" flood the market, including DOGE ETF and SOL ETF, as well as Chainlink and Avalanche.

He expects altcoin-based ETF products to appear in 2025. Previously, Sandy Kaul, digital asset director at Franklin Templeton Investments, hinted in an interview with Bloomberg that there will be more cryptocurrency ETF applications.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!