Bloomberg ETF Analyst: A combination of BTC, ETH, and SOL spot ETFs is expected in the future, but the potential may be limited
2024-07-22 20:31:02
Bloomberg etf analyst eric balchunas social media on the needle thedesk3cryptocurrencydesktopCrypto News
Bloomberg ETF analyst Eric Balchunas responded to Nate Geraci, president of The ETF Store, on social media that "issuers are expected to apply for a combined spot ETF of BTC, ETH and SOL in the coming months", saying that this will indeed happen, but the potential is unknown. The size of the precious metals basket ETF GLTR is 1 billion US dollars, which is good, but still less than 1% of the assets of the gold ETF.
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