The market could even see the launch of new crypto ETFs with mixed exposure to Bitcoin and Ether, according to prominent ETF analyst Balchunas.
The launch of the first spot Ether exchange-traded funds (ETFs) has opened the floodgates for more crypto exchange-traded products, including a potential Solana-based ETF.
The imminent launch of the first batch of spot Ether (ETH) ETFs will pave the way for more crypto ETFs, according to Eric Balchunas, a senior ETF analyst at Bloomberg.
The analyst expects more products based on Ether and Solana (SOL), he wrote in a July 15 X post: