BTC/ETH
A new crypto ETF got approved, one that has both Bitcoin and Ethereum in its fund. This a first for the crypto market and the ETF’s.
Eric Balchunas of Bloomberg sees it as the start of a new wave of crypto ETF’s that is heading towards us. According to him the combi ETF and BTC will create the path for a Litecoin and Hedera ETF. As both currencies are considered commoddidities.
A new Hedera and Litecoin ETF could then pave the way for all sorts of ETF’s, XRP, Solana, etc…
But for that the SEC will have to change the status of XRP and Solana to commodity. This can only be expected with a new SEC chairman!
Anyway, the ETF influx is only going to get bigger in 2025…
Sincerely,
Pele23
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