According to Cointelegraph, Greg King, CEO of REX Financial, said that issuers of crypto exchange-traded funds (ETFs) should choose carefully which cryptocurrencies to offer exposure to in their funds, as most cryptocurrencies are "rather unreliable."
In an interview with Bloomberg's ETF IQ on Monday, Greg King said: Cryptocurrencies outside the top 10 are quite unreliable, especially outside the top 20. Issuers need to be selective when choosing their targets. He added that he did not expect "explosive growth" in ETF applications for various cryptocurrencies, but expected "many funds per coin".
REX Financial CEO: ETF issuers must choose carefully, most cryptocurrencies are "quite unreliable"
2025-08-26 03:47:13
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