XRP, Solana, Doge and others out of 72 different apps from ETF awaiting SEC approval: Report
The encryption companies are now waiting for 72 active applications to get new boxes on the stock exchange (ETFS).
James Sevart, ETF analyst at Bloomberg Intelligence, Assembled List of presentations to the American Securities and Stock Exchange Committee (SEC).
Investment funds include awaiting approval of the associated funds Solana (Sol), Xrp (XRP), but (Sui), Litecoin (LTC), Axel (Axl) Hedra (HBAR), BNB, Cardano (ADA), Avalanche (Avax), Dogecoin (DOGE), Polkadot (Dot), Aptos (Apt), Chainlink (Link), Pudgy Penguins (Pengu), Official Trump (Trump), Melania (Melania) and Bonk (Bonk).
Other possible investment funds are related to a basket of currencies, and a few of them are based on Bitcoin (BTC) and/or ETHEREUM (ETH), which are already approved assets to be included in other traded investment funds.
Eric Balunas, great ETF analyst at Bloomberg Intelligence, Expected BTC investment funds will remain dominant, regardless of the number of ALTCOIN boxes that have been approved.
“Not the best? Bitcoin ETFS is 90 % of all the assets of the code worldwide. While many investment funds circulated in the alternative/Meme, it is likely to reach the market this year, but it will only make a simple debit, Bitcoin may retain at least 80-85 % in the long run.”
SEC Greenlit is the first boxes in the Bitcoin market in the first market in January 2024, bringing billions of dollars from flows to the highest digital assets by the maximum market, and relying on ethereum etfs ethereum etf to circulate last July.
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