More than 70 investment funds circulated in the United States are waiting for SEC’s decision this year – Bloomberg

More than 70 boxes circulated in the encrypted currency (ETFS) for review by the US Securities and Stock Exchange (SEC) this year. According to Bloomberg analyst, Eric Balunas, the list includes the proposed traded investment boxes bearing a group of assets, from altcoins to Memecoins to derivative tools.

“Everything from XRP, Litecoin and Solana to Penguins, DOGE and 2x Melania and everything between them”, Balchunas He said In April 21 publication on the X. “Wild Year.”

Related to: The Ark Staped Solaa adds to two traded investment funds

Institutional demand is not certain

The lists of planned funds come at a time when the founding investors are increasingly turning into encryption as a description.

80 % of institutions say it plans to increase encryption allocations in 2025, according to a report issued by Coinbase and Ey-Parthenon.

However, analysts warn that just because of the approval of the investment funds circulating in the United States lists, it does not guarantee widespread dependence, especially for the money that carries more ancient encrypted currencies.

“Getting your currency, ETF-MOSE is like being in a band and adding your songs to all music broadcast services,” Balchunas He said.

“It does not guarantee listening but puts your music where the vast majority of listeners.”

Cointelegraph, CointeleGRAPH, has expected to see Etfs Altcoin cumulative flows from several hundred million to one billion dollars, much less than the instant bitcoin boxes.

Money that carries Bitcoin (BTC) – the first group of encrypted currency approved to be included in the American ETF cover – attracted up to $ 100 billion in net assets last year.

However, ETFS using other options and derivatives to provide organized exposure to encrypted currencies like Bitcoin and Eter may witness more institutional absorption.

Jeff Park, head of alpha strategies, said in September that options for instant currencies open many possible portfolio strategies for investors, and “explosive” prices for digital assets such as Bitcoin and Jeff Park and the head of Alpha Invest in BitWise, in September.

The options are the contracts that give the right to buy or sell a basic origin at a certain price.

On April 21, ARK Invest added exposure to Staped Solana (Sol) to two current trading investment funds. The asset manager said that he coincided with the first time that Sol was available to American investors in the traded investment funds.

magazine: “Bitcoin Layer 2S” is not L2S at all: This is why this is concerned